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GSP Saved American Companies $60 Million in April 2016

Written on June 10, 2016 in Bolivia

In April, the GSP program saved American companies $60 million on about $1.6 billion in imports. The GSP program saved U.S. companies $230 million in the first four months of 2016. Overall, the value of GSP imports and tariff savings both increased slightly compared to April 2015. Some states, such as South Carolina and New...

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GSP and Nevada: Fast Facts

Written on January 15, 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 Nevada companies an estimated $2.0 million in 2011. Nevada companies imported an estimated $57.8 ...

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