Imports
AAFA remains concerned with tariffs war
Despite the announcement by the Trump Administration to pause tariff rate increases, the American Apparel & Footwear Association remains concerned
US-China phase one trade deal announced
As part of the deal, the tariffs on the first 250 billion US dollars in trade will not increase to 30% on Tuesday as planned
US is the main destination of Brazilian footwear exports
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018
Cambodia in the expectation of the EU decision
The country enjoys duty-free access to EU markets under the Everything But Arms (EBA) scheme. The European side is now evaluating the withdraw of the trade preferences
Consumption: continental convergence still distant
Despite all the movements registered in the international markets in the last few years, perfect convergence between continents' consumption is still distant. Information is from the World Footwear Yearbook 2019
China to take the US tariffs case to WTO
The new tariffs imposed by Washington came into effect Sunday. Now, Reuters reported China officially complained to the World Trade Organisation (WTO)
Footwear companies write to President Trump
Over 200 American footwear companies came together and sent a letter to President Trump asking that he cancels his proposed higher taxes on footwear coming from China
Trump announces new tariffs
President Trump announced increased tariffs on another set of goods from China. This is the US response to China’s promise to tariff 75 billion US dollars worth of American goods if Trump pressed forward with his planned tariffs
US-China trade war is already impacting the industry
The year 2018 was marked by positive dynamics, but the US-China trade war is already impacting the numbers. More information about the Footwear Industry in 2018 is available within the World Footwear Yearbook 2019
Tariffs on footwear delayed to December
The US-China trade war has a new chapter. After Mr Trump announced added tariffs of 10% on the remaining 300 billion US dollars in goods from China, now their application on certain footwear items is delayed to December
Global Footwear Industry: Positive Dynamics in 2018
The year 2018 was marked by the positive dynamics initiated in 2017, following two years of stabilization. Footwear production and exports grew by 2.7% and 4.3%, respectively. Data is from the World Footwear Yearbook 2019 now published by APICCAPS
China's GDP growth slows to 27-years low
The economic growth of the Asian giant slowed to 6.2% in the second quarter of the fiscal year, reflecting the weakest pace in the last decades. The US-China trade war is starting to pressure economic growth, analysts say
CEC: getting close to free access to Mercosur
European footwear companies can start counting down to export their leather shoes to Mercosur countries free of import duties. Luís Onofre, CEC's President, comments the agreement
EU and Mercosur reach agreement on trade
The European Union and Mercosur announced the new political agreement for a new trade framework as an important tool for the consolidation of the strategic partnership of both parties and as having the ability to boost sustainable growth
US-China Trade war: new tariffs on hold
President Trump and President Xi agreed Saturday to hold off on imposing new tariffs and continue trade negotiations, after meeting on the occasion of the G-20 Summit in Osaka-
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