Category Archives: Brazil

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

New GSP Survey Responses: “A refund of tariffs would be just the shot in the arm we need”

Yesterday we highlighted some of the early responses to our latest latest survey. With lots of trade action expected in Congress during the upcoming week, we need as many survey response ASAP. So no one thinks we’re only interested in … Continue reading

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GSP Reauthorization Survey: Preliminary Answers

With a new GSP bill introduced on Thursday, we launched a new survey yesterday to help show why swift passage of the GSP renewal legislation is critical for US businesses. We expect a number of trade hearings the week of … Continue reading

Posted in Brazil, Georgia, India, New York, Pakistan, Washington | Tagged , , | 1 Comment

Which States’ Companies Are Paying Higher Taxes Because of GSP Expiration? All of Them.

As we posted the other day, GSP expiration cost American companies $55 million in new taxes in November 2014, bringing the total taxes paid from August 2013 to November 2014. With GSP expiration, it’s not the case that just a … Continue reading

Posted in Brazil, California, Florida, Georgia, GSP, Illinois, Maryland, New Jersey, New York, North Carolina, Ohio, South Dakota, Sri Lanka, Texas, Thailand, West Virginia, Wyoming | Leave a comment

GSP Expiration Impacts: Renewal Would Allow WA Company to Hire New Workers, Reward Existing Ones

TRInternational (TRI), based in Seattle, Washington,¬†imports over 3 million pounds of eligible chemical products annually from Brazil, Thailand, and Turkey. These are raw materials that in turn are sold primarily to American manufacturers. As we wrote previously, TRI has made … Continue reading

Posted in Brazil, GSP, Thailand, Turkey, Washington | 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

GSP Expiration Cost American Companies $61 Million in April

Everyone likes to start the weekend on a positive note, right!?!? So we’re sorry to report that new data released this week showed that American companies paid another $61 million in unnecessary taxes in April because Congress still has not … Continue reading

Posted in Brazil, California, Florida, Georgia, Illinois, India, Indonesia, New Jersey, New York, Philippines, Texas, Thailand | Leave a comment