Category: GSP

Louisiana leaders in manufacturing and trade gathered recently in New Orleans for the World Trade Center New Orleans Policy Meeting to discuss new legislation, challenges and possible solutions to the current trade woes. Con-Tech was proud to share its insights into current issues that suppliers face with respect to imports, pricing and availability. Trade and tariff…Read More

  In the state of Louisiana for the year 2016, Generalized System of Preferences (GSP) imports totaled $228 million, with GSP tariff savings of $5.9 million. The 2017 year-to-date savings amount to $12 million, a substantial increase over the previous year. The lapse in the GSP cost Louisiana $1.4 million dollars in taxes during the…Read More