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July 19, 2018 Facebook  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

The Ultimate Business Advantage

TGA

The International Travel Goods Show is the ultimate business advantage. It's a huge networking opportunity, and if you're not present you're not part of the conversation, and not represented in the industry's ultimate brainstorm session. The Show is a branding statement: Your presence – or absence – sends a message to retailers and the industry at large. And The Show provides vital market intel, letting you gauge the industry's pulse, where it's headed, and what competitors are up to – and it shows you're part of where things are going. Don't miss out – the only way to reap these benefits is to exhibit. Book now, contact Cathy Hays, cathy@travel-goods.org, 877-842-1938, x-707 today.

We Need Your Help – President Trump Targets Travel Goods in New $200B China Tariff Retaliation List

TGA

On July 10, the Trump administration 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 travel goods imported from China. This new punitive tariff has not yet been implemented, and you can help to stop them. The public now has the opportunity to comment on this new list. Requests to testify at the August 20-23 public hearing are due July 27, and final written comments are due August 30. The Trump administration needs to hear from you – on how these punitive duties would hurt your company, and your workers. And TGA can help you draft that testimony/comments. Time is of the essence with public comment deadlines fast approaching. President Trump could impose the punitive duties on this list as soon as early October. Please contact TGA's Nate Herman at 202-853-9351 or nate@travel-goods.org if you wish to testify/submit written comments/share anecdotes, have any questions, or would like additional information.

TGA Strongly Opposes GSP Withdrawal for India, Indonesia, and Thailand

TGA

On July 17, TGA strongly urged the Trump administration to NOT withdraw travel goods benefits for India, Indonesia, and Thailand under the Generalized System of Preferences (GSP) program. 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 GSP benefits. All three countries have become major alternatives to China for travel goods. TGA had previously testified at a public hearing in opposition to the withdraw of GSP benefits. We still need TGA members to provide anecdotes 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. 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.

How Much Damage Will Trump’s Trade War Do?

THE ATLANTIC

Will Donald Trump’s trade war tip the economy into a recession? It seems a reasonable question to ask. The White House has initiated a rapidly escalating global tit for tat, with thousands of products from the U.S., China, Canada, Mexico, and Europe now affected or threatened by tariffs. The price of imported goods is increasing. The demand for exported goods is falling. American businesses are laying workers off, and some are warning that they might end up bankrupt. READ MORE

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Large Retailers See More Than 50% Bump in Online Sales on Prime Day

CNBC

The riches of Prime Day extended to retailers beyond Amazon. According to Adobe Analytics, retailers with more than $1 billion in revenue saw a 54% increase in sales compared with an average Tuesday, a seeming affirmation of efforts many retailers have made to boost their digital business over the past year. READ MORE

Luxury Lounge Wars Heat Up as Airlines Vie for High-End Passengers

THE NEW YORK TIMES

So you think your only choice during a long layover or a flight delay is to suffer in the airport terminal? Think again. But be prepared to pay handsomely one way or another for the alternative. Like the difference between first-class and economy seats, the luxury lounges offered by many major airlines are yet another way in which air travel is separating the haves from the have-nots. READ MORE

What to Pack for a Cruise – and 6 Things Not to Bring

READER’S DIGEST

Packing for a cruise is a lot like packing for any other vacation. You’ll want to bring comfy walking shoes for sightseeing and to leave your best jewelry at home. But there are other items – beyond seasickness medications – that expert cruisers never set sail without. Here, a few of our favorite professional cruisers tell us what you’ll find in their suitcases. READ MORE

The Made-Up Travel Words We Love to Hate

CONDÉ NAST TRAVELER

Unfortunately, not all neologisms are as adorkable as, well, adorkable. At Condé Nast Traveler, we admit we’re guilty of using the occasional clumsy new coinage, so we asked Stamper to define and call out the most egregious, sense-mangling examples. Feel free to share the clunkers we’ve omitted on Facebook or Twitter. READ MORE


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Is Social Media Creating Unrealistic Travel Expectations Among Millennials?

FORBES

Millennials love to travel. In fact, one of the reasons that freelancing is so popular with this generation is that it leaves them freer to control their schedules and work from remote locations. The bad news is that millennials, who rely heavily on social media to inspire their travels and influence their choice in destinations, could be in for some disappointment. READ MORE

Airbnb is Funding a Host’s Lawsuit Against New York City

SKIFT

Airbnb Inc. is taking a page from the Peter Thiel playbook. The home-rental company is providing financial support for a lawsuit brought by one of its hosts against New York City, as the startup battles with officials there over policy. Stanley Karol, a 56-year-old Airbnb host in Brooklyn, sued the city in federal court Wednesday, accusing officials of retaliating against him for speaking out in support of home rentals. READ MORE

Spending a Night in the Hospital While Traveling Can Be More Expensive Than Staying at a 5-star Hotel

TRAVEL + LEISURE

A hospital stay is nothing like a retreat at a five-star hotel, but it may have the same price tag when you’re abroad. Research from personal finance website Finder.com revealed that it can be up to 12 times more expensive to spend the night in a hospital than a five-star luxury hotel. If you’re looking for healthcare coverage while abroad, consider a company like SafeTrip or Travelex. READ MORE

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