Category Archives: Mississippi

GSP Saved American Companies $54 Million in January 2016

In January, the GSP program saved American companies more than $54 million on about $1.4 billion in imports. The GSP program has saved U.S. companies more than $5.6 billion since 2008. Overall, GSP tariff savings increased increased by 1.6 percent … Continue reading

Posted in Bolivia, Ghana, GSP, Illinois, India, Mississippi, Nevada, Pennsylvania, Philippines, Thailand | Tagged , , , , , , , , , | Leave a comment

GSP Renewal Saved American Companies $57 Million in November

GSP renewal appears to be having a very positive impact on American companies – and their sourcing from GSP countries. Based on data released last week, American importers saved $57 million in November 2015 as a result of the program’s¬†reinstatement … Continue reading

Posted in Alabama, Arkansas, Colorado, Kansas, Michigan, Mississippi, Missouri, New Hampshire, New York, Ohio, South Carolina, Utah, Washington, Wisconsin, Wyoming | Tagged , , , , , , , , , , , , , , , , , | 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

GSP and Mississippi: 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 Mississippi companies an … Continue reading

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

Time to Show Our Gratitude

Last week, we asked companies to contact their Senators in support of the GSP/TAA bill.¬† When all the votes were tallied, H.R. 2832 passed with the support of 70 Senators. The inclusion of TAA made the vote particularly difficult for … Continue reading

Posted in Alaska, Arkansas, Georgia, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nebraska, Nevada, North Dakota, Ohio, South Carolina | Leave a comment