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Category Archives: Sri Lanka
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 Arkansas, auto parts, California, Cambodia, jewelry, Rhode Island, South Africa, Sri Lanka, Thailand, Turkey
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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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Ohio Small Biz: At Least 3 Net Jobs Tied to GSP Refunds
They say a picture is worth a thousand words. The pictures above (or at least the checks in them) are worth SO much more. The checks are the first GSP refunds for The Cannon Group, a small business in Westerville, … Continue reading
Posted in GSP, Ohio, Sri Lanka
Tagged American jobs, GSP, GSP refunds, gsp renewal, jobs, Ohio, small business, smallbiz, Sri Lanka, Tiberi
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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
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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
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More than 400 American Organizations Calling on Congress to Renew GSP
Six more companies added their names to the GSP Supporter List since yesterday, bringing the total to 404 American companies and associations calling for the immediate, retroactive renewal of the GSP program. The 380+ companies on the list are incredibly … Continue reading
Posted in Bangladesh, Brazil, Cambodia, Ecuador, Georgia, GSP, GSP Supporter List, India, Indonesia, Kazakhstan, Nepal, New Hampshire, Pakistan, Paraguay, Philippines, Russia, South Africa, Sri Lanka, Thailand, Tunisia, Turkey, Uruguay, Vermont
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A-GSPC Ambassadors Urge Congress to Renew GSP
Earlier this week, our friends at the Alliance for GSP Countries (A-GSPC) sent a letter to congressional leaders signed by the Ambassadors from Algeria, Bangladesh, Ecuador, Fiji, Georgia, Indonesia, Moldova, Mongolia, Pakistan, Philippines, Sri Lanka, Thailand, Tunisia, Uruguay, and Yemen. … Continue reading
Posted in Algeria, Bangladesh, Ecuador, Fiji, Georgia, Indonesia, Moldova, Mongolia, Pakistan, Philippines, Sri Lanka, Thailand, Tunisia, Uruguay, Yemen
Tagged Algeria, Bangladesh, Congress, development, Ecuador, Fiji, Georgia, Indonesia, letter, Moldova, Mongolia, Pakistan, Philippines, Sri Lanka, Thailand, Tunisia, Uruguay, Yemen
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Senate Debates….GSP Supporter List Grows
The Senate is in its 3rd day of debate on amendments to the GSP/TAA bill. Senator Ron Wyden (D-OR) keeps saying that he hopes we’re “heading into the home stretch,” but it is unclear when final votes will take place. … Continue reading
GSP Exporter Countries Weigh in on GSP Renewal
Yesterday, the Ambassadors to the United States from nine GSP beneficiary countries sent a joint-letter to Congressional leadership urging GSP renewal. A copy of the letter to Senate Finance Committee Chairman Baucus is available here. The Hill newspaper picked up … Continue reading