Category Archives: Indiana

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 | Leave a comment

American Manufacturers Face Higher Costs Because of Continued GSP Expiration

Like the jobs debate, many people assume that if exports are goods for US manufacturers, imports must be bad. When it comes to GSP, nothing could further from the truth. Raw materials, components, and parts have accounted for more than … Continue reading

Posted in Alaska, Delaware, Imports Work, Indiana, Iowa, Louisiana, Michigan, Missouri, Nebraska, North Carolina, Ohio, South Carolina, Texas, Vermont, West Virginia, Wyoming | Leave a comment

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 | Leave a comment

NAM Says It’s Time to Renew GSP

Yesterday, the National Association of Manufacturers (NAM) wrote about the negative impact of GSP expiration on…not surprisingly…manufacturers. At the most basic level, because of GSP expiration “many manufacturers’ costs are higher and their competitiveness undermined.” This of course is a … Continue reading

Posted in California, Florida, Indiana, New York, North Carolina, Ohio, Oregon, West Virginia | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Companies in 18 States Paid $1+ Million in October Because of GSP Expiration

As we noted yesterday, GSP expiration cost American companies $62 million in October. California companies paid an estimated $9.1 million, but more than a third of states faced an extra million dollars in import taxes because GSP remained expired. Taxes … Continue reading

Posted in California, Connecticut, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia | Leave a comment

GSP and Indiana: 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 Indiana companies an … Continue reading

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Updated GSP Supporter List by CD

With its most recent update, our Supporter List now includes companies operating in 48 states and 292 congressional districts.  You can download the list of GSP Supporters by district here.  You can add your company name by emailing here. New … Continue reading

Posted in California, Georgia, Illinois, Indiana, Iowa, Michigan, New Jersey, New York, Oregon, Tennessee, Texas | Leave a comment