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- Breakdown by State of the $600 Million in 2016 Tax Savings from GSP Through October
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- GSP Saved American Companies $59 Million in September 2016
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Category Archives: Connecticut
GSP Saved American Companies $58 Million in July 2016
In July, the GSP program saved American companies $58 million on about $1.5 billion in imports. GSP saved U.S. companies $410 million in the first seven months of 2016. In the one year since renewal, GSP saved American companies about … Continue reading
Posted in Bolivia, Connecticut, GSP, India, New Jersey, New York, Pakistan, South Africa, Thailand, Turkey
Tagged aluminum, auto parts, Bolivia, Connecticut, ferroalloys, flanges, Florida, flowers, India, jewelry, lamps, New Jersey, New York, Pakistan, PET resin, South Africa, Thailand, Turkey
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GSP Importers Go Above and Beyond to Promote Global Development
While we generally focus on the benefits to U.S. companies of the GSP program, it is important to remember that sourcing from GSP countries has a positive impact on the lives of workers and their families in developing countries. Sometimes, … Continue reading
Posted in California, Connecticut, GSP, GSP Supporter List, Illinois, Imports Work
Tagged California, Connecticut, development, GSP, GSP supporter list, Illinois, Imports Work, India
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GSP Imports Help American Manufacturers Compete
Discussions about trade often present a false dichotomy: if exports are good and then imports must be bad. This oversimplified view lends itself to policy prescriptions that encourage exporters and discourage importers, yet the real world is much more complicated. … Continue reading
Posted in Alaska, Connecticut, Delaware, GSP, Imports Work, Indiana, Iowa, Louisiana, Michigan, Texas, West Virginia, Wyoming
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GSP and the April 26 Primary States
Today is yet another big day in the 2016 presidential primaries as voters head to the polls in Connecticut, Delaware, Maryland, Pennsylvania, and Rhode Island. With all of the anti-trade rhetoric in the campaign, it is important to recognize how … Continue reading
Posted in Connecticut, Delaware, Maryland, Pennsylvania, Rhode Island
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What Could They Have Accomplished if GSP Had Been Renewed?
One of our Coalition members has been racking up accolades recently: 2013 INC 5000 member 2013 state “manufacturer of the year” nominee 2014 INC 5000 member (albeit a much lower rank) 2014 county chamber “small business of the year” winner … Continue reading
Posted in Connecticut, Florida, Small Business, Thailand
Tagged #renewgsp, Congress, Connecticut, CT, FL, Florida, manufacturing, smallbiz
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Companies in 278 Congressional Districts Now Calling on Congress to Renew GSP
Yesterday, we added three new companies to the GSP supporter list: Aapico Forging in Stamford, Connecticut, Mutual Wheel Company in Moline, Illinois, and Alum-Tech Corp. in West Melbourne, Florida. Aapico Forging was the 8th company company headquartered in Connecticut’s 4th … Continue reading
Posted in Connecticut, Florida, Illinois
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One Day of GSP Expiration – Who Paid the Price on July 17?
We frequently note that each day of GSP expiration costs American importers nearly $2 million in additional taxes. We also highlight the diverse GSP importers that are on the supporter list. But we don’t know how many other GSP importers … Continue reading
Posted in Brazil, California, Cambodia, Colorado, Connecticut, Ecuador, Florida, Georgia, Illinois, India, Indiana, Indonesia, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oregon, Pakistan, Philippines, South Carolina, Sri Lanka, Tennessee, Texas, Thailand, Turkey, Uruguay, Virginia, Washington
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Who Wants Congress to Renew GSP?
Today we added the 572nd organization to the GSP supporter list. The number 572 doesn’t have any special significance (although it is one of these), but we thought it was a good time to highlight those calling on Congress to … Continue reading
Posted in Afghanistan, California, Connecticut, Georgia, Illinois, India, Indonesia, New Jersey, New York, Texas, Thailand, Washington, Zambia
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American Families Love The Taste of GSP Savings
Think products that are imported into the United States free of tariffs (taxes) under the U.S. Generalized System of Preferences (GSP) program don’t matter to you? Think again. Previously, we’ve shown some of the products found around the house that … Continue reading
Posted in California, Connecticut, Egypt, Imports Work, India, Maryland, New York, Philippines, Texas, Thailand, Tunisia, Turkey
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Another Valentine’s Day Without GSP
When February 14 rolls around every year, very few people think about expired trade programs. But perhaps they should. In particular, Members of Congress should take a moment to realize how allowing programs like GSP to remain expired can increase … Continue reading
Posted in California, Connecticut, Delaware, Florida, Illinois, Iowa, Maryland, New York, Texas, Wisconsin
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