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Raw Materials - Relief that hides and leather escape tariff tit-for-tat
11 July 2018

     
Trump and Exports

The US Hide, Skin and Leather Association (USHSLA) has expressed relief that the materials it represents have, as yet, been exempt from any action in the escalating trade war between the US and China, Mexico, Canada and the European Union.

In a recent statement, USHSLA said: “The international trade landscape in the US continues to change very rapidly as trading partners impose retaliatory tariffs on US exports in response to recent Trump Administration actions. Thankfully, US hides, skins and leather products have not been targeted in any of the retaliation by our major trader partners to date.”

The US Chamber of Commerce has published a report detailing the impact on every US state of the retaliatory actions taken by the US’s trading partners. The report identified the 10 states that will be hit hardest by the tariffs: California, Illinois, Washington, Louisiana, Texas, Alabama, Ohio, South Carolina, Michigan and Pennsylvania. It concluded that farm states and states with large automotive production plants are particularly vulnerable to the tariffs’ adverse effects. 

Information courtesy of Leatherbiz 

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