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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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GSP Saved American Companies $54 Million in February 2016

Written on April 12, 2016 in Brazil

In February, the GSP program saved American companies more than $54 million on about $1.4 billion in imports. The GSP program saved U.S. companies $109 million in the first two months of 2016. Overall, GSP tariff savings increased increased by 31 percent compared to February 2015. The value of imports under GSP increased 30 percent....

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The Importance of GSP Benefits for Specific Products

Written on March 20, 2013 in Brazil

Some people might think that GSP’s relatively low share of total U.S. imports means it doesn’t have a big impact.  However, for the products covered by GSP – and the American companies buying those products – its importance cannot be overstated. There were approximately 10,600 country-product combinations imported under...

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