"Trump Tax" to increase following $200B announcement: Late Monday, President Trump directed the Office of the United States Trade Representative (USTR) to recommend $200 billion worth of U.S. imports from China to be hit with an additional 10% tariff. The list of target products will go through a public review process this summer prior to implementation. This announcement followed China's pledge to impose tariffs on $50 billion worth of China imports from the U.S. While it is unclear what will be included under the administration's new $200 billion list, the $50 billion list released by USTR on Friday did not include any apparel, footwear, or travel goods products, and included fewer machines used by the industry than was originally planned. Find AAFA's most recent statement here and stay tuned for continued member correspondence.
Confused by all this tariff action? Join AAFA on July 11 for a member-only webinar with AAFA's Steve Lamar and Nate Herman who will provide up-to-the-minute updates on what you need to know.
AAFA urges Congress to reign in Presidential trade authority: On June 18, AAFA joined a diverse group of businesses in a letter to leadership of the Senate Finance Committee and House Committee on Ways and Means, expressing concerns with the current trade environment and encouraging Congressional action.
AAFA testifies in support of GSP: On June 19, AAFA's Nate
Herman testified as part of the Office of the United States Trade Representative's review on whether to continue to provide Generalized System of Preferences (GSP) benefits to India, Indonesia, and Thailand. As these countries play a vital role in the U.S. travel goods industry, AAFA expressed support for their continued inclusion within the program, which significantly lower the cost of duties on travel goods imports.
Steve Lamar named to Trade Advisory Committee on Africa (TACA): AAFA Executive Vice President Steve Lamar has been named to the U.S. Trade Advisory Committee on Africa (TACA). This is a United States Trade Representative advisory committee that is convened to provide policy advice and guidance on trade policy and development matters that have a significant impact on the countries of sub-Saharan Africa. This includes the future of AGOA and free trade agreements. Members that wish to learn more or contribute feedback should contact Steve Lamar.
See all of AAFA’s latest letters, comments, and testimony here.
Congress and government agencies solicit comments on a range of issues that may affect your business – find a list of comment opportunities here.