TGA Opposes Tariffs at U.S. Government China Hearing
In planned testimony before the U.S. government at the June 17-25 China tariff hearings, TGA will explain the significant impact the now 25% punitive tariffs on U.S. travel goods imports from China has had on our industry, our 100,000 American workers, and our consumers – hardworking American families. TGA will testify on June 25, culminating testimony from over 320 witnesses overwhelmingly opposed to the tariffs. That testimony, combined with thousands of written comments, condemns the current and proposed punitive tariffs on all U.S. imports from China. We need you to provide anecdotes on how the tariffs have impacted your company, your workers, and your consumers – lower sales, higher prices, layoffs, etc. – for use in TGA’s testimony when they testify on June 25. The anecdotes can be anonymous. Please provide to TGA’s Nate Herman by June 23.
President Trump Pulls India’s GSP Benefits Effective June 5
Last week, President Trump issued a proclamation withdrawing Generalized System of Preferences (GSP) benefits for India effective June 5. That means that as of yesterday, U.S. imports of travel goods and accessories from India are no longer duty-free. Instead, they now face normal tariffs on travel goods, which range from 8% on leather goods to 17.6-20% on textile and hardsided goods. President Trump continues to review GSP benefits for two other major travel goods suppliers – Indonesia and Thailand. TGA will continue to fight against removal of benefits for those countries.
President Trump Extends Deadline on Tranche 3 China Tariffs
On May 31, President Trump extended the deadline to make entry or withdraw from consumption Tranche 3 imports from China under the 10% tariff rate to June 15. The original deadline was June 1. U.S. Customs and Border Protection (CBP) issued a message noting that they have not yet updated their systems to reflect the extension.