Monthly Archives: May 2014

Ambassadors from Ukraine, Moldova, and Georgia Urge Congress to Renew GSP

On May 22, the Ambassadors from Ukraine, Moldova, and Georgia sent a letter to the Chairmen and Ranking Members of the Senate Finance and House Ways and Means Committees. The Ambassadors expressed GSP’s importance “to strengthening our countries’ relationship with … Continue reading

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GE Locomotives: American Exports Made More Competitive by GSP Imports

“After a long winter, the Port of Erie is, once again, a busy place.” That was the start to a great report from WICU12 News in Erie, Pennsylvania earlier this week about GE locomotive exports to Africa. In short, Port … Continue reading

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WSJ Op-Ed on Myths About Imports

Recently, the Coalition joined to with a number of leading trade associations to promote “Imports Work for America” week. May is World Trade Month and – as GSP users know better than most – there is more to trade than … Continue reading

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GSP Is All Around Us

We spent a good chunk of last week running around Capitol Hill and meeting with House offices about the importance of renewing GSP. Every office we met with had at least one GSP supporter list company headquartered in the district … Continue reading

Posted in Georgia, GSP, Illinois, New York, Wisconsin | Leave a comment

Time for Congress to Recognize That Imports Work by Renewing GSP

Over the last week, we’ve highlighted the ways that GSP supports American jobs, lowers costs for families, helps domestic producers compete, and promotes economic development abroad. Yet that is only true when GSP is in effect, and GSP has been … Continue reading

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GSP Expiration Cost American Companies $57 Million in March

According to new data released this week, GSP expiration cost American importers another $56.9 million in higher import taxes in March on $1.6 billion in GSP-claimed imports. That brings the total tariffs paid because of expiration to $441 million from … Continue reading

Posted in Brazil, California, Illinois, India, Indonesia, New Jersey, New York, Philippines, Texas, Thailand | Leave a comment

GSP As A Tool For Economic Development

While American companies have come to rely on the Generalized System of Preferences (GSP) program to lower costs for key imports, the original intent was to promote economic growth in developing countries around the world. Instead of traditional means to … Continue reading

Posted in Imports Work, India, Indonesia, Michigan, Philippines, Texas, Thailand | Leave a comment