Imports
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
US China meeting to take place this weekend
President Trump and President Xi are expected to meet this Saturday in Osaka (Japan) during the G-20 Summit and the international trade topic is hot on the agenda
Crocs to reduce sourcing from China
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China
200 shoe companies send Mr Trump a letter
US-based footwear companies have signed a letter urging President Donald Trump to remove footwear from his latest tranche of tariffs to be applied to Chinese-made products
The new chapter of the US-China trade war
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced
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