Yesterday, the Coalition for GSP joined with nearly two dozen leading trade groups to announce that the fifth annual “Imports Work” Week will take place from May 9-13, 2016.
A study unveiled during Imports Work Week in 2013 found that 16 million U.S. jobs depend on imports. Another study by HSBC shows that imports save the average U.S. family $13,600 a year. Yet another 2013 study found that the U.S. value-added for imported apparel equals about 70 percent. And of course, numerous Coalition for GSP reports have shown the positive impacts of the GSP program on American companies – and the negative impacts when Congress allows GSP to expire.