18 Jul 2022

After months of waiting, there are signs that the Trump-era trade tariffs imposed on a whole range of Chinese imports to the US, including clothing and footwear.


The Biden administration is considering whether to roll back the Section 301 tariffs in view of the highest inflation rate in 40 years which is hitting family budgets and causing widespread consumer anxiety.


American Apparel and Footwear Association (AAFA) President and CEO Steve Lamar commented to Sourcing Journal that movement on the issue could be imminent as early as this week based on conversations with members of the administration and Congress.


Although there could be an initial rollback of tariffs on a small selection of goods, Lamar indicated that actions could also include the implementation of a new exclusion process, and a new Section 301 investigation into China’s trade actions, conducted by the United States Trade Representative (USTR).


In the case of footwear, of which the US imports 70% of its internal demand from China, according to the Footwear Distributors and Retailers of America (FDRA), its president and CEO, Matt Priest has conducted an ongoing campaign to have the additional footwear tariff of 1 0% repealed. Retail prices of footwear which were increased by the Trump tariffs, cost the US consumer at least and estimated $4 billion per year.

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。

 

我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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