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GSP expiration cost American companies at least $65 million in February 2021

Written on April 8, 2021 in Florida

According to new research from the Coalition for GSP, expiration of the Generalized System of Preferences (GSP) program cost American companies at least $65 million in February 2021. Congressional authorization for GSP expired on December 31, 2020. In the first two months of expiration, American companies paid at least $135 million in extra taxes a...

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 expiration cost American companies at least $65 million in February 2021

GSP Saved American Companies $58 Million in July 2016

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