On November 17th, the United States Fashion Industry Association (USFIA) joined more than 600 companies and associations in sending a letter to congressional leaders urging them to renew the Generalized System of Preferences (GSP) before the end of the year. The letter noted that the current expiration is the longest in the GSP program’s 40-year history and that, if the program is still not renewed by 2015, it will cost American companies more than $1 billion. The letter is available on the Coalition for the GSP website