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$2.5 Billion in Tariffs: What Lapse in Trade Programs Could Cost US Firms

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

The Generalized System of Preferences (GSP) and the Miscellaneous Trade Bill (MTB)–each offering duty-free or reduced tariff treatment for a range of imported goods–expired Dec. 31 after Congress failed to reauthorize these critical trade bills. As a result, importers must now pay tariffs on covered goods entering the country. GSP, most recently reauthorized on April…

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