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7 New Organizations Call on Congress to Renew GSP

Written on September 10, 2013 in Arizona

With Congress returning to DC and companies beginning to feel the sting of expiration, more and more American organizations are calling for immediate renewal of the GSP program.The map below shows the 20+ companies and associations – based in 16 states – have joined the supporter list since GSP expired, including the seven new additions...

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GSP and Illinois: Fast Facts

Written on January 8, 2013 in GSP

The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Illinois companies an estimated $37.9 million in 2011. Illinois companies imported an estimated $...

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