Tag: sufficiently manufactured

Louisiana Imports and GSP Tariff Savings

  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