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November 2, 2017 Facebook  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

The 2018 International Travel Goods Show Website is Live!

TGA

Get up and go to thetravelgoodsshow.org for everything you need to attend or exhibit at the world's best travel products showcase, The 2018 International Travel Goods Show. No other event gathers together more travel goods retailers and manufacturers, or debuts more brand-new travel products. Whether you're a retailer or manufacturer, The Show is your portal to the ultimate business network and new business opportunities, and thetravelgoodsshow.org is your key to get in. So click on through, and start building your successful 2018 sales year today.

Members of Congress Urge Leaders to Renew GSP As Trump Administration Expresses Support

TGA

On October 30, a bipartisan group of 38 members of Congress urged Congressional leaders to quickly renew the Generalized System of Preferences (GSP) trade preference program. The letter came shortly after the Office of the U.S. Trade Representative (USTR) announced new enforcement priorities for the GSP program, launching a review of GSP-eligible country compliance with the investment, labor, intellectual property (IP), and other requirements under the GSP program. The three-year enforcement plan implies the Trump administration’s support for the long-term renewal of the GSP program. Under GSP, U.S. imports of travel goods from the Philippines, Thailand, India, Indonesia, Cambodia, and most other developing counties (except China or Vietnam) enter the U.S. duty-free. TGA fought hard to include travel goods in the GSP program and continues to lobby Congress to renew GSP as soon as possible.

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Top Trump Official Says U.S. Isn’t Offering ‘Anything’ to Canada in Exchange for NAFTA Demands

THESTAR.COM

The Trump administration is demanding NAFTA concessions from Canada and Mexico but is not offering “anything” in exchange, U.S. Commerce Secretary Wilbur Ross said last week. Ross’ remarkable public statement corroborates the complaints of Canadian and Mexican officials, who have accused the U.S. of taking an unusually and unreasonably hard line in the talks to renegotiate the North American free trade pact. READ MORE


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Retail: A White Christmas…or a Lump of Coal?

BARRON'S

Moody’s Investors Service is predicting a happy holiday season for retailers fueled by better consumer access to credit, surging consumer confidence, rising wages, and falling unemployment. Retail sales should rise 3% to 4% during the holidays, even in the face of Toys R Us’ Chapter 11 bankruptcy filing and a shift in consumer spending to autos and home improvement, Moody’s says in a retail outlook report released this week. READ MORE

Many Companies Don’t Know the Details of Their Travel Payment Methods

BUSINESS WIRE

Small- and mid-sized companies are significantly more likely to allow business travelers to use non-transparent payment methods such as personal credit cards or cash advances, according to new research released today by the GBTA Foundation, the education and research arm of the Global Business Travel Association. When looking at usage of corporate credit cards, Central Travel Accounts (CTAs) and virtual cards, adoption is consistent regardless of company size, showing these methods are accessible for a variety of companies. READ MORE

Your Feelings About Work-Life Balance Are Shaped by What You Saw Your Parents Do

HARVARD BUSINESS REVIEW

We’re obsessed with work-life balance. There’s no shortage of research, articles, and self-help books trying to help us find and restore a balance between our work and non-work lives. However, most of the discussion and advice tends to focus on changing individual career decisions, or team expectations, or organizational contexts. But what if other factors mattered as well? READ MORE

New Security Steps Mean Longer Waits for Inbound U.S. Flyers

TRAVEL WEEKLY

Flying to the U.S. will involve longer airport wait times following the implementation of new security screening procedures for all inbound flights. Last week major airlines urged passengers on inbound U.S. flights to arrive at airports earlier to comply with the new directives, which, depending on the airline, could include short interviews at the gates, filling out additional forms and restricting certain kinds of baggage and check-in services. READ MORE

Wall Street Journal Launches Booking Tool for Biz Travelers

TRAVEL WEEKLY

The Wall Street Journal has launched an online travel booking service for business travelers powered by Upside Travel. The Wall Street Journal Business Travel Service enables travelers to book individual flights and hotels. They can also create packages combining hotels, flights and ground transportation. READ MORE

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