Category Archives: Indonesia

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 , , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , , , | Leave a comment

Small Business Paid $250,000 in INTEREST on Bank Loans to Stay Afloat During GSP Expiration

Last week, we profiled two companies (Summit Specialty International in Georgia and Sophia Foods in New York) that have bounced bounced strongly since Congress renewed GSP. Despite difficulties faced during the GSP lapse, both have more workers – and provide … Continue reading

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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

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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 , , , , , , , , , , , , , , , , | 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

The GSP Renewal Post We’ve Been Waiting to Write

This week we received an email from someone at Primetac, a GSP supporter list company in Little Ferry, New Jersey. We’ve been waiting for an email like this for a long time – much too long – so it’s with … Continue reading

Posted in GSP Supporter List, Indonesia, New Jersey, Ohio | Leave a comment