Category Archives: Philippines

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 | 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

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

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 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

More GSP Survey Responses: “revenue dropped by more than half a million dollars and several employees had to be let go”

GSP-eligible acrylics in action at the underwater Ithaa restaurant in the Maldives Below are some new responses to our GSP reauthorization survey from companies in Colorado, Maryland, and Texas (to go along with responses highlighted yesterday and the┬áday before). With … Continue reading

Posted in Colorado, Maryland, Philippines, Texas, Thailand, Tunisia, Turkey | 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