Tag Archives: Texas

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 , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , | Leave a comment

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 , , , , , , , | Leave a comment

$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 , , , , , , , , , , , , , | 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 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

Posted in California, Texas | 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

NRF Letter Urges GSP Renewal – Plus More Supporters!

On Friday, the National Retail Federation sent a letter to every Member of Congress urging support for immediate Congressional consideration and passage. The letter stated that GSP is “critical to American employers and families that this important trade program is … Continue reading

Posted in California, Delaware, Georgia, GSP, GSP Supporter List, South Carolina, Texas, Washington | Tagged , , , , , , , , , | Leave a comment

20 More Orgs Join GSP Supporter List

On Monday, we sent a letter signed by 234 American companies and associations urging renewal of GSP before July 31. Of course, as soon as the letter was finalized and sent, we started receiving emails from all sorts of new … Continue reading

Posted in Delaware, GSP, GSP Supporter List, Kentucky, Louisiana, Maryland, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas | Tagged , , , , , , , , , , , | Leave a comment

2012 GSP Imports and Savings By State

Which states benefit from duty-free imports under GSP?  According to our latest research, all of them! It’s no surprise that big states like California and Texas saved tens of millions of dollars annually because of GSP, but it’s important for … Continue reading

Posted in California, GSP, Rhode Island, Texas | Tagged , , , | Leave a comment