Category Archives: Iowa

GSP Saved American Companies $62 Million in March 2016

In March, the GSP program saved American companies nearly $62 million on about $1.6 billion in imports. The GSP program saved U.S. companies $170 million in the first three months of 2016. Overall, GSP tariff savings increased increased by 8 … Continue reading

Posted in Brazil, Iowa, Kazakhstan, Missouri, New Jersey, Ohio, South Africa, Turkey | Tagged , , , , , , , , , , | Leave a comment

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

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

Posted in California, Hawaii, Iowa, New Jersey, Rhode Island, Texas | Tagged , , , , , | Leave a comment

NEW REPORT: Lost Sales, Investments, and Jobs – Impact of GSP Expiration After One Year

A report released today by the Coalition for GSP adds further urgency to the need to Congress to renew GSP immediately. The report, Lost Sales, Investments, and Jobs: Impact of GSP Expiration After One Year, catalogs the impacts of GSP … Continue reading

Posted in GSP, Iowa, Minnesota, Texas | 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

Who Else Might Want Congress to Renew GSP?

The other day, we wrote about the characteristics of the 572 companies and associations on the GSP supporter list. Yesterday, we added #573: Delta Brands in Larchmont, NY, which imports household cleaning, health, and beauty products from Turkey and India … Continue reading

Posted in GSP, India, Iowa, Mississippi, New York, South Dakota, Thailand, Turkey | Leave a comment

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 | Leave a comment

GSP and Iowa: 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 Iowa companies an … Continue reading

Posted in GSP, India, Iowa, State Reports | Tagged , , , , , | Leave a comment

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