World Footwear

Trade

US: Apparel and Footwear Industry welcomes suspension of retaliatory tariffs

Jun 16, 2021 United States
US: Apparel and Footwear Industry welcomes suspension of retaliatory tariffs
The American Apparel & Footwear Association (AAFA) welcomed the announcement by the US Trade Representative (USTR) to end a dispute over aircraft subsidies, effectively suspending retaliatory tariffs on clothes, shoes, and fashion accessories imposed by the US and the EU

"Apparel, footwear, and travel goods are already some of the most heavily tariffed goods on the planet, has little ability to absorb additional tariff costs, especially in the face of skyrocketing logistics costs as we attempt to sustain a post-COVID recovery", AAFA said.

The Association has long argued that tariffs, especially those connected to unrelated disputes such as aircraft subsidies and digital services, are an ineffective tool in fostering resolution of trade frictions.

"It is long past time to re-forge an enduring Trans-Atlantic partnership. This outcome is only possible if we eliminate trade frictions, align around shared values, and pursue common approaches that support economic prosperity in global value chains that thread through Europe and the United States", commented AAFA President and CEO Steve Lamar.


Image credits: Annie Spratt on Unsplash

Related Events

  • Sep
    23
    Sep 23-Sep 26, 2021 | Kansas City, United States

    The Kansas City Shoe Show

  • Oct
    11
    Oct 11-Oct 13, 2021 | Los Angeles, United States

    Label Array

  • Oct
    11
    Oct 11-Oct 13, 2021 | Los Angeles, United States

    Label Array

  • Oct
    26
    Oct 26-Oct 29, 2021 | Dallas, United States

    Dallas Apparel & Accessories Market

Related Organizations

  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States
  • Chicago School of Shoemaking & Leather Arts

    Chicago School of Shoemaking & Leather Arts

    United States
  • FDRA - Footwear Distributors and Retailers of America

    FDRA - Footwear Distributors and Retailers of America

    United States
  • USRA - United Shoe Retailers

    USRA - United Shoe Retailers

    United States