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- Breakdown by State of the $600 Million in 2016 Tax Savings from GSP Through October
- GSP Saved American Companies $64 Million in October 2016
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- Breakdown by State of the $531 Million in 2016 Tax Savings from GSP Through September
- GSP Saved American Companies $59 Million in September 2016
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Category Archives: India
GSP Saved American Companies $64 Million in October 2016
In October, the GSP program saved American companies $64 million on about $1.6 billion in imports. The value of GSP imports increased by about 4 percent, while the tariff savings increased by nearly 9 percent compared to October 2015. Overall, … Continue reading
Posted in Armenia, Florida, Georgia, GSP, India, Indonesia, Louisiana, New Mexico, South Africa, Thailand
Tagged aluminum products, Armenia, Congo, construction products, copper, ferrochromium, Florida, Georgia, gloves, GSP, gsp expiration, India, Indonesia, Louisiana, motors, New Mexico, South Africa, Thailand, valves
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GSP Saved American Companies $59 Million in September 2016
In September, the GSP program saved American companies $59 million on about $1.5 billion in imports. While the value of GSP imports decreased by about 5 percent, the tariff savings only decreased by 0.3 percent compared to September 2015. Overall, … Continue reading
Posted in Brazil, California, Delaware, GSP, Hawaii, India, Nepal, Philippines, Texas, Thailand, Turkey
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GSP Saved American Companies $62 Million in August 2016
In August, the GSP program saved American companies $62 million on about $1.6 billion in imports. The value of GSP imports increased by about 5 percent, while tariff savings increased by about 11 percent compared to August 2015. Overall, GSP … Continue reading
Posted in Brazil, California, Colorado, GSP, India, Indonesia, North Carolina, Ohio, Philippines, Thailand
Tagged batteries, brazil, building stone, California, chemicals, Colorado, electric motors, furniture fittings, GSP, import taxes, imports, India, Indonesia, machining centers, microphones, North Carolina, Ohio, optical goods, Philippines, tariffs, Thailand
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GSP Saved American Companies $58 Million in July 2016
In July, the GSP program saved American companies $58 million on about $1.5 billion in imports. GSP saved U.S. companies $410 million in the first seven months of 2016. In the one year since renewal, GSP saved American companies about … Continue reading
Posted in Bolivia, Connecticut, GSP, India, New Jersey, New York, Pakistan, South Africa, Thailand, Turkey
Tagged aluminum, auto parts, Bolivia, Connecticut, ferroalloys, flanges, Florida, flowers, India, jewelry, lamps, New Jersey, New York, Pakistan, PET resin, South Africa, Thailand, Turkey
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New Jersey Small Business Explains Impacts of GSP Expiration, Renewal
EVCO International is a small business in Manalapan, New Jersey that imports marble kitchenware and bath accessories from Indonesia and India and kettles from Thailand. When GSP expired and EVCO tried to raises prices, sales fell. Higher costs impacted both … Continue reading
Posted in India, Indonesia, New Jersey, Small Business, Thailand
Tagged exports, gsp expiration, GSP refunds, gsp renewal, India, Indonesia, New Jersey, small business, smallbiz, Thailand
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GSP Saved American Companies $61 Million in June 2016
In June, the GSP program saved American companies $61 million on about $1.5 billion in imports. GSP saved U.S. companies $353 million in the first half of 2016, more than any year since 2012. Overall, the value of GSP imports … Continue reading
Posted in Bolivia, Brazil, Ecuador, Florida, Georgia, India, Kansas, New Jersey, South Carolina, Thailand, Ukraine
Tagged Bolivia, brazil, building stone, ceramics, Ecuador, ferroalloys, Florida, Georgia, GSP, India, jewelry, Kansas, New Jersey, pesticides, plywood, rare gases, South Carolina, Thailand, tires, Ukraine
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GSP Saved American Companies $60 Million in April 2016
In April, the GSP program saved American companies $60 million on about $1.6 billion in imports. The GSP program saved U.S. companies $230 million in the first four months of 2016. Overall, the value of GSP imports and tariff savings … Continue reading
Posted in Bolivia, Brazil, California, India, Nevada, New Hampshire, Philippines, South Carolina, Sri Lanka, Thailand, Turkey
Tagged #renewgsp, Bolivia, brazil, CA, California, GSP, India, Nevada, New Hampshire, Philippines, South Carolina, Sri Lanka, sugar, Thailand, tungsten ores, Turkey
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GSP Saved American Companies $54 Million in February 2016
In February, the GSP program saved American companies more than $54 million on about $1.4 billion in imports. The GSP program saved U.S. companies $109 million in the first two months of 2016. Overall, GSP tariff savings increased increased by … Continue reading
Posted in Brazil, India, Indonesia, New York, Pennsylvania, Thailand, Uruguay, Virginia, Washington, Zimbabwe
Tagged auto parts, brazil, ceramics, ferrochromium, GSP, India, Indonesia, jewelry, New York, Pennsylvania, plastics, plywood, Thailand, Uruguay, Virginia, Washington, Zimbabwe
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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 Bolivia, Ghana, GSP, Illinois, India, Mississippi, Nevada, Pennsylvania, Philippines, Thailand
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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
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