Founded in 1989, Kona is a dedicated group of cyclists making bicycles for people who love bikes. Most Kona bikes are imported from Cambodia, though it also sells a high-end line made in Tennessee. By eliminating the 11 percent tariff on bicycles, GSP allows Kona to increase its product variety while passing along the savings...
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In May, the GSP program saved American companies $62 million on about $1.6 billion in imports. The GSP program saved U.S. companies $292 million in the first five months of 2016. Overall, the value of GSP imports and tariff savings both increased by more than 10 percent compared to May 2015. Some states, such as...
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Most Americans have not heard of GSP. Most do not realize that they save money from it. As part of Imports Work week, we have shown everyday products from the home of the GSP Coalition’s Dan Anthony that benefit from GSP – from his Indonesian dinnerware to his dog’s Indian dinnerware to Thai picture frames...
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