How Much Does GSP Save Your State?

GSP Expiration Makes Valentine’s Day a Little Less Sweet

Written on February 14, 2011 in Argentina

According to the National Confectioners Association, Valentine’s Day is the fourth biggest holiday of the year for confectionery purchases (after Halloween, Easter and Christmas).  From heart-shaped boxes of chocolates to conversation candies, when people think of Valentine’s day, our minds jump straight to the sweets! Excluding my...

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GSP Editorial in Washington Post

Written on February 12, 2011 in Background

The Washington Post had an editorial today on the expiration of the GSP and Andean preferences called Mr. Sessions and the need to trade.  It highlights the fact the Senator Sessions held up GSP renewal despite a ruling by the non-partisan US International Trade Commission (ITC) that workers in Alabama were not threatened by GSP...

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And the Magic Number is…689

Written on February 11, 2011 in Background

That’s how many millions of dollars GSP saved importers in 2010.  Actually, our estimates say $688,834,642, but the rounded figure is close enough. Thailand edged out India as the country responsible for the most GSP savings:  $148.43 million for Thailand compared to $148.39 million for India.  In 3rd place was Indonesia, whose...

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