Tag Archives: chemicals

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

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Three Years of Work – Threatened by GSP Expiration

Earlier today we received a call from a small chemical supplier with questions about potential GSP expiration. They were concerned that shipments (currently) scheduled to arrive at the end of July might be delayed a few days into early August … Continue reading

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Educating Congress About GSP Renewal, Part 1

Earlier today, we had two more meetings with staff for House Members that serve on the Ways and Means Committee: Reps. James Renacci (OH-16) and Pat Tiberi (OH-12). These were meetings #20 and #21 since the beginning of last week, … Continue reading

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GSP and North Carolina: 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 North Carolina companies … Continue reading

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