Category Archives: Idaho

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.

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Costs of GSP Expiration by State: August-November 2013

As we noted last Friday, GSP expiration cost another $54 million in November. In total, expiration increased import taxes by more than $228 million from August to November, raising prices for companies in every state. Just how much varies greatly … Continue reading

Posted in California, GSP, Idaho, Kentucky, New Jersey, Oregon, Rhode Island, Texas, Utah | Leave a comment

GSP and Idaho: 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 Idaho companies an … Continue reading

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Impacts of GSP Expiration on the 50 States

As the debate over GSP moves to the Senate, our focus has been on the state-level impacts of GSP expiration (as you may have noticed here and here). Below is our latest fact sheet showing how GSP expiration impacts different … Continue reading

Posted in Alaska, Arizona, California, Colorado, Georgia, GSP, Idaho, Indiana, Kansas, Kentucky, Michigan, Missouri, Montana, New Jersey, North Dakota, Pennsylvania, Rhode Island, State Reports, Tennessee, Texas, Utah | Leave a comment

New GSP Costs by State

The latest trade data on GSP also allowed us to update our tariff costs by state (that were cited in the House GSP debate last week).  We’ll be using this to update all of our GSP State Reports, but in … Continue reading

Posted in California, GSP, Idaho, Maryland, New Jersey, Rhode Island, State Reports | 1 Comment

GSP Rocks

Imagine a world with no wailing solos from future Eric Claptons….or ballads from the next Stevie Wonder…or drum beats from….this kid. GSP might not teach kids how to play their instruments, but it does make them more affordable.  In 2010, … Continue reading

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