Category Archives: Company Stories

Breakdown by State of the $600 Million in 2016 Tax Savings from GSP Through October

In the first 10 months of 2016, GSP saved American companies about $600 million in eliminated tariffs. GSP waived at least $1 million in tariffs on imports into 39 states – West Virginia joined the list in October! – plus … Continue reading

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GSP Saved American Companies $64 Million in October 2016

In October, the GSP program saved American companies $64 million on about $1.6 billion in imports. The value of GSP imports increased by about 4 percent, while the tariff savings increased by nearly 9 percent compared to October 2015. Overall, … Continue reading

Posted in Armenia, Florida, Georgia, GSP, India, Indonesia, Louisiana, New Mexico, South Africa, Thailand | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Breakdown by State of the $531 Million in 2016 Tax Savings from GSP Through September

In the first nine months of 2016, GSP saved American companies about $531 million in eliminated tariffs. GSP waived at least $1 million in tariffs on imports into 38 states, plus Puerto Rico. The map below shows the overall GSP … Continue reading

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GSP Saved American Companies $59 Million in September 2016

In September, the GSP program saved American companies $59 million on about $1.5 billion in imports. While the value of GSP imports decreased by about 5 percent, the tariff savings only decreased by 0.3 percent compared to September 2015. Overall, … Continue reading

Posted in Brazil, California, Delaware, GSP, Hawaii, India, Nepal, Philippines, Texas, Thailand, Turkey | Leave a comment

A State-By-State Breakdown of the $472 Million in GSP Tariffs Savings Through August 2016

In the first eight months of 2016, GSP saved American companies about $472 million in eliminated tariffs. Hawaii joined the list of states for which GSP eliminated at least $1 million in tariffs on imports, bringing the total to 38 … Continue reading

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GSP Saved American Companies $62 Million in August 2016

In August, the GSP program saved American companies $62 million on about $1.6 billion in imports. The value of GSP imports increased by about 5 percent, while tariff savings increased by about 11 percent compared to August 2015. Overall, GSP … Continue reading

Posted in Brazil, California, Colorado, GSP, India, Indonesia, North Carolina, Ohio, Philippines, Thailand | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Year-to-Date GSP Savings By State through July 2016

In the first seven months of 2016, GSP saved American companies about $410 million in eliminated tariffs. New Hampshire joined the list of states for which GSP eliminated at least $1 million in tariffs on imports, bringing the total to … Continue reading

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