Tag Archives: CA

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

NAM Says It’s Time to Renew GSP

Yesterday, the National Association of Manufacturers (NAM) wrote about the negative impact of GSP expiration on…not surprisingly…manufacturers. At the most basic level, because of GSP expiration “many manufacturers’ costs are higher and their competitiveness undermined.” This of course is a … Continue reading

Posted in California, Florida, Indiana, New York, North Carolina, Ohio, Oregon, West Virginia | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

GSP Expiration Cost American Importers Another $56 Million in September

Based on data released today by the U.S. government, GSP expiration cost U.S. importers $56.5 million in September – about $20,000 more than it cost in August. In those first two months, that works out to about $1.85 million for … Continue reading

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7 New Organizations Call on Congress to Renew GSP

With Congress returning to DC and companies beginning to feel the sting of expiration, more and more American organizations are calling for immediate renewal of the GSP program.The map below shows the 20+ companies and associations – based in 16 … Continue reading

Posted in Arizona, California, Connecticut, Florida, Georgia, GSP, GSP Supporter List, Illinois, Maryland, Missouri, New Jersey, New York, North Carolina, Ohio, Rhode Island, South Carolina, Texas, Washington | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

GSP Expiration: Different Strokes for Different Folks

If you ask people what September means to them, you’ll get lots of different answers: the end of summer, back to school, start of college/NFL football, cooler weather, or perhaps baseball pennant races (unless they’re in DC). Companies that use … Continue reading

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Coalition for GSP Releases Annual GSP Report

This morning, the Coalition for GSP released its latest annual report on the history, administration, and usage of the GSP program.  In addition to facts already noted here (e.g., GSP imports reached $19.9 billion and saved U.S. companies nearly $750 … Continue reading

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GSP and California: Fast Facts

The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved California companies an … Continue reading

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