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Tag Archives: New Jersey
A State-By-State Breakdown of the $472 Million in GSP Tariffs Savings Through August 2016
In the first eight months of 2016, GSP saved American companies about $472 million in eliminated tariffs. Hawaii joined the list of states for which GSP eliminated at least $1 million in tariffs on imports, bringing the total to 38 … Continue reading
Posted in California, Florida, Georgia, Hawaii, Illinois, New Jersey, New York, Texas
Tagged California, Florida, Georgia, GSP, Hawaii, Illinois, Imports Work, New Jersey, New York, tariffs, taxes, Texas
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Year-to-Date GSP Savings By State through July 2016
In the first seven months of 2016, GSP saved American companies about $410 million in eliminated tariffs. New Hampshire joined the list of states for which GSP eliminated at least $1 million in tariffs on imports, bringing the total to … Continue reading
Posted in California, Florida, Georgia, Hawaii, Illinois, New Hampshire, New Jersey, New York, Texas
Tagged California, Florida, Georgia, GSP, gsp renewal, Hawaii, Illinois, New Hampshire, New Jersey, New York, tariffs, taxes, Texas
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GSP Saved American Companies $58 Million in July 2016
In July, the GSP program saved American companies $58 million on about $1.5 billion in imports. GSP saved U.S. companies $410 million in the first seven months of 2016. In the one year since renewal, GSP saved American companies about … Continue reading
Posted in Bolivia, Connecticut, GSP, India, New Jersey, New York, Pakistan, South Africa, Thailand, Turkey
Tagged aluminum, auto parts, Bolivia, Connecticut, ferroalloys, flanges, Florida, flowers, India, jewelry, lamps, New Jersey, New York, Pakistan, PET resin, South Africa, Thailand, Turkey
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New Jersey Small Business Explains Impacts of GSP Expiration, Renewal
EVCO International is a small business in Manalapan, New Jersey that imports marble kitchenware and bath accessories from Indonesia and India and kettles from Thailand. When GSP expired and EVCO tried to raises prices, sales fell. Higher costs impacted both … Continue reading
Posted in India, Indonesia, New Jersey, Small Business, Thailand
Tagged exports, gsp expiration, GSP refunds, gsp renewal, India, Indonesia, New Jersey, small business, smallbiz, Thailand
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GSP Saved American Companies $61 Million in June 2016
In June, the GSP program saved American companies $61 million on about $1.5 billion in imports. GSP saved U.S. companies $353 million in the first half of 2016, more than any year since 2012. Overall, the value of GSP imports … Continue reading
Posted in Bolivia, Brazil, Ecuador, Florida, Georgia, India, Kansas, New Jersey, South Carolina, Thailand, Ukraine
Tagged Bolivia, brazil, building stone, ceramics, Ecuador, ferroalloys, Florida, Georgia, GSP, India, jewelry, Kansas, New Jersey, pesticides, plywood, rare gases, South Carolina, Thailand, tires, Ukraine
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Year-to-Date GSP Savings By State through April 2016
In the first four months of 2016, GSP saved American companies about $230 million in eliminated tariffs. The map below shows the overall GSP imports and savings by state from January to April. Companies in California continued to lead the … Continue reading
Posted in California, Florida, Georgia, GSP, New Jersey, New York, Texas
Tagged #renewgsp, California, Florida, Georgia, GSP, New Jersey, New York, Texas
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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 brazil, ferrochromium, India, Iowa, Kazakhstan, Missouri, New Jersey, Ohio, olive oil, South Africa, Turkey
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$1.31 Billion in Automatic GSP Refunds – Broken Down by State
Based on newly available July 2015 trade data, American companies paid about $1.3 billion in higher import taxes while GSP was expired between August 2013 to July 2015. With the retroactive GSP renewal, nearly all of that will be refunded … Continue reading
Posted in California, GSP, New Jersey, North Carolina, Ohio, Texas, Washington
Tagged American jobs, California, Customs, GSP, GSP refunds, gsp renewal, jobs, New Jersey, North Carolina, Ohio, refunds, tariffs, Texas, Washington
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GSP Renewal Leads to Immediate Hires at Kona Bicycle in Washington
What a difference GSP renewal can make for companies like Kona Bicycle in Ferndale, Washington. Nearly 30 years old, the independent company still has the same founding owners and a staff of active and impassioned cyclists. Kona describes itself as … Continue reading
Posted in GSP, New Jersey, Washington
Tagged GSP, gsp renewal, jobs, New Jersey, Washington
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New GSP Survey Responses: “A refund of tariffs would be just the shot in the arm we need”
Yesterday we highlighted some of the early responses to our latest latest survey. With lots of trade action expected in Congress during the upcoming week, we need as many survey response ASAP. So no one thinks we’re only interested in … Continue reading
Posted in Brazil, California, India, Indonesia, New Jersey, New York, Thailand
Tagged California, New Jersey, New York, small business, smallbiz
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