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2012 GSP Imports and Savings By State

Written on February 22, 2013 in California

Which states benefit from duty-free imports under GSP?  According to our latest research, all of them! It’s no surprise that big states like California and Texas saved tens of millions of dollars annually because of GSP, but it’s important for companies in little smaller states too.  Companies in Rhode Island – the great...

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GSP and Texas: Fast Facts

Written on January 23, 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 Texas companies an estimated $60.1 million in 2011. Texas companies imported an estimated $1.5 bi...

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