Category Archives: Hawaii

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

Posted in California, Florida, Georgia, Hawaii, Illinois, New Jersey, New York, Texas | 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

Posted in California, Florida, Georgia, Hawaii, Illinois, New Hampshire, New Jersey, New York, Texas | Tagged , , , , , , , , , , , , | Leave a comment

GSP Expiration Cost Importers Another $41 Million in February 2015

Based on data released last week, continued GSP expiration cost American importers another $41 million in February 2015. Despite a significant drop from typical monthly levels (likely on account of the West Coast Port slowdown), it was the most expensive … Continue reading

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GSP Expiration Cost American Companies $48 Million in February

According to new data released last week, American companies “claimed” GSP for about $1.45 billion worth of imported products in February. Typically, those products would not face import tariffs because of GSP, whereas those same products imported from a non-GSP … Continue reading

Posted in California, Delaware, Hawaii, Rhode Island | Leave a comment

GSP and Hawaii: Fast Facts

The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved Hawaii companies an … Continue reading

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GSP Imports by State

In light of today’s Senate Finance Committee hearing, we decided to roll out some of our new GSP import data by state.  For example, did you know that…. Five of the top six states in terms of tariffs paid through … Continue reading

Posted in California, Colorado, Connecticut, Florida, Georgia, GSP, Hawaii, Illinois, Kansas, Kentucky, Maine, Maryland, Michigan, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Texas | 1 Comment