Category Archives: Rhode Island

GSP Saved American Companies $62 Million in May 2016

In May, the GSP program saved American companies $62 million on about $1.6 billion in imports. The GSP program saved U.S. companies $292 million in the first five months of 2016. Overall, the value of GSP imports and tariff savings … Continue reading

Posted in Arkansas, California, Cambodia, Rhode Island, South Africa, Sri Lanka, Thailand, Turkey | Tagged , , , , , , , , , | Leave a comment

GSP and the April 26 Primary States

Today is yet another big day in the 2016 presidential primaries as voters head to the polls in Connecticut, Delaware, Maryland, Pennsylvania, and Rhode Island. With all of the anti-trade rhetoric in the campaign, it is important to recognize how … Continue reading

Posted in Connecticut, Delaware, Maryland, Pennsylvania, Rhode Island | Leave a comment

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.

Posted in Brazil, California, Cambodia, Colorado, Florida, GSP, Idaho, India, Indonesia, Kenya, Lebanon, Moldova, Montana, Nepal, New Jersey, New York, Philippines, Rhode Island, Texas, Thailand, Turkey, Utah | 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

GSP Expiration Cost American Companies Another $55 Million in November 2014

Based on data released last week, continued GSP expiration cost American importers another $55 million in November 2014. For New Mexico, November 2014 was the most costly month yet in terms of unnecessary taxes paid because of GSP expiration, driven … Continue reading

Posted in California, Cambodia, GSP, Kentucky, Montana, New Jersey, New Mexico, New York, Philippines, Rhode Island, Texas, Turkey, Utah | Leave a comment

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

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