Category Archives: Florida

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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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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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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GSP Saved American Companies $61 Million in June 2016

In June, the GSP program saved American companies $61 million on about $1.5 billion in imports. GSP saved U.S. companies $353 million in the first half of 2016, more than any year since 2012. Overall, the value of GSP imports … Continue reading

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

In the first four months of 2016, GSP saved American companies about $230 million in eliminated tariffs. The map below shows the overall GSP imports and savings by state from January to April. Companies in California continued to lead the … Continue reading

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GSP Saved American Companies $663 Million in 2015

In 2015, the Generalized System of Preferences (GSP) program saved American companies more than $660 million on $17.4 billion in imports. The infographic below highlights some other key facts and figures about the GSP program for 2015.

Posted in Brazil, California, Cambodia, Colorado, Florida, GSP, Idaho, India, Indonesia, Kenya, Lebanon, Moldova, Montana, Nepal, New Jersey, New York, Philippines, Rhode Island, Texas, Thailand, Turkey, Utah | Leave a comment

April 2015: The Most Expensive GSP Expiration Month Yet for 9 States

Based on data released this week, continued GSP expiration cost American importers another $60 million in April 2015. At nearly $2 million a day in higher taxes, GSP expiration’s estimated cost through today (June 5) is about $1.23 BILLION paid … Continue reading

Posted in Alabama, California, Colorado, Florida, Georgia, Illinois, Kansas, Michigan, Nebraska, New Mexico, North Dakota, Tennessee, Utah, Washington, Wisconsin | Leave a comment

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

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