Tag Archives: RI

GSP Expiration Cost American Companies $56 Million in August 2013

Based on new August trade data released by the US government, we can finally see the cost of Congress’ inability to renew GSP before July 31…and it’s not pretty. GSP should have eliminated about $56.5 million in taxes on about … Continue reading

Posted in Brazil, GSP, India, Indonesia, Philippines, Rhode Island, Thailand, Wisconsin | Tagged , , , , , , , , , | Leave a comment

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

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 Rhode Island: 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 Rhode Island companies … Continue reading

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