Since GSP expired on December 31, nearly 50 companies and associations have added their names to our GSP supporter list. Like those organizations already on the list, the new supporters show the incredible diversity of companies and industries benefiting from the GSP program. Or, conversely, harmed by GSP expiration. For example, the companies: Emp...
Continue readingIn August, the GSP program saved American companies $62 million on about $1.6 billion in imports. The value of GSP imports increased by about 5 percent, while tariff savings increased by about 11 percent compared to August 2015. Overall, GSP saved U.S. companies $472 million in the first eight months of 2016. GSP savings in...
Continue readingOn Friday, we published the first preliminary finding from our new GSP renewal survey: that nearly 1 in 4 companies was still waiting for refunds after one year. Today, we want to highlight the responses to another question that had not been asked in the past, namely whether or not the products receiving duty-free benefits...
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