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July 12, 2018 Facebook  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

President Trump Targets Travel Goods in New $200B China Tariff Retaliation List

TGA

On Tuesday, the U.S. Trade Representative (USTR) published a new list of $200 billion worth of U.S. imports from China that President Trump is proposing will be subject to a 10% retaliatory tariff. The list includes all U.S. travel goods imports from China. If imposed, the 10% tariff would be added to the existing high tariffs on imported travel goods from China. President Trump promised in June to develop this list if China persisted in retaliating, which it did on Friday. This new punitive tariff has not yet been implemented, and you can help. The public will have an opportunity to comment on this new list with hearings planned in Washington, DC for August 20-23. The due date to request to testify at the hearing is July 27, and the due date for written comments is August 17. The due date for rebuttal comments is August 30. Based on the timeline for implementation of the list, President Trump could impose the punitive duties on this list as soon as early October. TGA will strongly oppose the inclusion of travel goods on the $200 billion list during the comments process. TGA will continue to keep members apprised of this fast-moving situation. Please contact TGA's Nate Herman at 202-853-9351 or nate@travel-goods.org if you wish to share anecdotes, have any questions, or would like additional information.

TGA Needs Your Feedback – Trump GSP Country Review of India, Indonesia, and Thailand

TGA

The threat of punitive duties against U.S. travel goods imports from China comes as the Trump administration is in the midst of an administrative review to determine whether India, Indonesia, and Thailand should lose their benefits under the Generalized System of Preferences (GSP) program. All three countries have become major alternatives to China for travel goods. TGA testified in opposition to the withdraw of GSP benefits. We need TGA members to provide anecdotes by July 16 about how withdrawing GSP benefits for India, Indonesia, and Thailand would impact your business and your workers. These anecdotes are critical to convince President Trump to not remove GSP benefits for these countries, or, to convince Congress to take action against the withdrawal of GSP benefits.

The Cold Call Antidote

TGA

If you're not exposed to new buyers and contacts, your business stagnates. A booth at The International Travel Goods Show is the very opposite of a cold call, reaching retailers when they're most receptive to new potential brands. And exhibiting at The Show plants your brand's flag amidst the most targeted audience in travel gear – it's a positive message for existing customers and potential new ones, too. Discover why established brands and startups alike call The Show integral to their success – contact Cathy Hays, cathy@travel-goods.org, 877-842-1938, x-707 today.

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Think Tank: Six Trends That Are Redefining Retail

WWD

With half the year done, 2018 has already proven to be an exciting time in retail. From experiments with new technology to innovative partnerships and acquisitions, brands are launching smarter and more tactical strategies to move forward with their evolving consumer base. With this in mind, here are six key trends to watch as well as some predictions for what will really stick in the market. READ MORE

How to Check Email on Vacation and Still Enjoy Yourself

FAST COMPANY

Smartphones often blur the line between your professional and personal life. You may be making reservation plans on your device and convince yourself that a quick perusal of work email to clean your inbox while you’re away won’t be so bad. If you’re going to check it anyway, it helps to plan how it fits into your vacation, and to set limits. READ MORE

How Connected Retailers Connect with Consumers

PYMNTS.COM

The retail landscape is changing – and fast. Strategies that turned merchants into winners in the past largely fail to resonate with modern consumers, who expect to be able to buy the products from their favorite stores whenever and however they want. READ MORE


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Travel Boosts Some Outdoor Segments Amid Overall Decline

RETAIL DIVE

The outdoor retail category has slowed, but travel is serving as a parachute to keep that in check, Powell said. “Brands and products that help consumers on their travels are winning in a declining outdoor market, but the industry has in some ways overlooked this trend, leaving additional growth opportunities on the table," he noted in his post. READ MORE

How to Learn Leadership Skills with Your Friends

BOSS MAGAZINE

One way to grow professionally is the same way you’ve grown personally: Spending time with your friends. These important people teach us foundational lessons in acceptance, communication, dependability, teamwork, conflict resolution and integrity, all of which reinforce another valuable trait – leadership. The people we surround ourselves with inform the kind of leaders we become in the world. READ MORE

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