Xpres LLC is a manufacturing and decorating enterprise based in North Carolina. In business for more than 25 years, Xpres imports blank ceramic mugs from Thailand that are customized at its Winston-Salem headquarters. Without GSP, these ceramic mugs face import taxes of 10 percent, putting Xpres at a disadvantage to lower-cost mugs customized and i...
Continue readingThis week 15 more organizations (1 association, 14 companies) signed up for the 2017 GSP Supporter List. The new organizations, which follow the 10 new companies from last week, are all listed below. *** Tariffs on GSP imports are scheduled to go up on January 1. By the time that feels “close,” it may be...
Continue readingIn February 2017, the GSP program saved American companies $53 million on about $1.4 billion in imports. GSP imports were down by 3 percent – and tariffs savings down by 2 percent – compared to February 2016. (Though it should be noted that 2016 had one extra day because of the leap year.). Despite the...
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