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GSP Saved American Companies $53 million in February 2017

Written on April 12, 2017 in Bolivia

In February 2017, the GSP program saved American companies $53 million on about $1.4 billion in imports. GSP imports were down by 3 percent – and tariffs savings down by 2 percent – compared to February 2016. (Though it should be noted that 2016 had one extra day because of the leap year.). Despite the...

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GSP Saved American Companies $58 Million in July 2016

Written on September 23, 2016 in Bolivia

In July, the GSP program saved American companies $58 million on about $1.5 billion in imports. GSP saved U.S. companies $410 million in the first seven months of 2016. In the one year since renewal, GSP saved American companies about $700 million. Some states, such as Connecticut and New York, saw particularly large increases in...

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GSP Saved American Companies $61 Million in June 2016

Written on August 19, 2016 in Bolivia

In June, the GSP program saved American companies $61 million on about $1.5 billion in imports. GSP saved U.S. companies $353 million in the first half of 2016, more than any year since 2012. Overall, the value of GSP imports increased by 9 percent and the value of GSP tariff savings increased by 14 percent...

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