Tag Archives: Iowa

GSP Saved American Companies $62 Million in March 2016

In March, the GSP program saved American companies nearly $62 million on about $1.6 billion in imports. The GSP program saved U.S. companies $170 million in the first three months of 2016. Overall, GSP tariff savings increased increased by 8 … Continue reading

Posted in Brazil, Iowa, Kazakhstan, Missouri, New Jersey, Ohio, South Africa, Turkey | Tagged , , , , , , , , , , | Leave a comment

GSP Expiration Cost Importers Another $41 Million in February 2015

Based on data released last week, continued GSP expiration cost American importers another $41 million in February 2015. Despite a significant drop from typical monthly levels (likely on account of the West Coast Port slowdown), it was the most expensive … Continue reading

Posted in California, Hawaii, Iowa, New Jersey, Rhode Island, Texas | Tagged , , , , , | Leave a comment

GSP and Iowa: 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 Iowa companies an … Continue reading

Posted in GSP, India, Iowa, State Reports | Tagged , , , , , | Leave a comment