How Much Does GSP Save Your State?

GSP Supporter List Tops 160

Written on April 14, 2011 in GSP

The GSP Supporter List is now up to 163 companies and associations.  These organizations are headquartered in 34 states, 109 congressional districts, and the District of Columbia. The pace of new companies signing on to the list has slowed, but we’re still adding at least one new name – and often more – almost every...

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Is Expiration (Already) Causing a Shift Away from GSP Imports?

Written on April 13, 2011 in GSP

Yesterday, we posted that GSP expiration cost American companies $100 million through the first two months of 2011.  If you continued reading beyond the headline, you probably remember us saying that “it’s too soon to make bold claims about the impact on sourcing decisions.”  We stand by that statement, but…. Toda...

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$100 Million – The Cost for 2 Months of GSP Expiration

Written on April 12, 2011 in Background

The U.S. Census Bureau released trade data today for February 2011, allowing us to update our GSP expiration costs.  Through the first two months of the year, American companies paid an estimated $100 million in tariffs on (previously) GSP-eligible products.  Perhaps that is why nearly 160 companies and associations have already added the...

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