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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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GSP Renewal Saved American Companies $57 Million in November

Written on January 13, 2016 in Alabama

GSP renewal appears to be having a very positive impact on American companies – and their sourcing from GSP countries. Based on data released last week, American importers saved $57 million in November 2015 as a result of the program’s reinstatement in late July 2015. In total, GSP saved American companies $230 million between Augu...

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