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December 6, 2018 Facebook  Facebook  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

Grab Some Market Share

TGA

When times are tough, market share is up for grabs – people start looking for alternate vendors and new relationships. In this time of looming trade tariffs and increasing online encroachment, retailers will be prowling The Travel Goods Show for new suppliers and new brands. They know The Show draws the strongest names in travel products – exhibiting at The Show tells existing customers and potential new ones that you're as committed to the industry as they are. Don't miss this chance to grab some market share – contact Cathy Trecartin to discover how The Show can help grow your customer base: cttga@aol.com, 877-842-1938, x-702.

Temporary Cease-Fire in China Trade War

TGA

On December 1, President Trump and Chinese President Xi announced a cease-fire in the escalating trade war between the U.S. and China. As part of the cease-fire, President Trump agreed to not raise the punitive tariffs on U.S. travel goods imports from China from 10% to 25% for at least 90 days, i.e. until around March 1, 2019, while the two sides attempt to negotiate a larger trade agreement. While this is a great first step, note that the 10% punitive tariffs on U.S. travel goods imports remain in effect. Please also note that there is no guarantee that the two sides will reach a final deal by March 1. As such, an increase in the punitive tariffs on U.S. imports of travel goods from China from 10% to 25% on or around March 1 remains a real possibility. Please contact TGA's Nate Herman at nate@travel-goods.org or 202-853-9351 if you have any questions or would like additional information.

TGA Opposes Removal of GSP Benefits for Indonesia and Thailand

TGA

On November 29, TGA testified at a second hearing reviewing benefits for Indonesia and Thailand under the U.S. Generalized System of Preferences (GSP) program. Under GSP, U.S. travel goods imports from Indonesia, Thailand, and many other developing countries (Cambodia, India, Myanmar, etc.) enter the U.S. duty-free. In its testimony, TGA strongly opposed the removal of GSP benefits for U.S. travel goods imports from Indonesia and Thailand. This second review of the two countries was spurred by concerns over intellectual property rights (IPR) in Indonesia and labor rights in Thailand.

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Markets Drop as Doubts Grow Over Trump’s China Deal

POLITICO

Doubts about President Donald Trump's temporary cease-fire in a trade war with China helped spark a plunge in stocks on Tuesday, as senior administration officials acknowledged it was too early to say if a longer-term deal could be reached. “The market is trying to figure out is there going to be a real deal at the end of 90 days or not,“ Treasury Secretary Steven Mnuchin said Tuesday during an on-stage interview at The Wall Street Journal's CEO Summit in Washington. READ MORE

10 Holiday Gift Ideas for the Travelers in Your Life

MONEY INC.

For the road warriors among us, traveling – especially air travel – can be stressful. So travel products that make our lives easier and more comfortable are always welcome gifts. However, holiday shopping is an added stress that most of us can well do without. So here is a list of some new and some tried-and-true items for the travelers in your life. Even if that traveler happens to be you. READ MORE

Barter Your Skills and Belongings for Free Stays at Properties Around the World

TRAVEL + LEISURE

Travelers can stay at accommodations around the world without paying a penny for the first time thanks to the new global Barter Week program. Expanding from the original Barter Week in Italy, “Settimana del Baratto,” the new incentive is opening the program, which allows travelers to stay at locations for free in exchange for goods and services, to countries around the world. READ MORE

The Mindset of Our Most Successful Retailers

INSIDE RETAIL

If there is one trait that today’s thriving retail businesses share, it’s resilience. These retailers thrive due to their agility and responsiveness, turning risks into opportunities by adapting their business strategies to meet customer needs and generate growth. READ MORE

Take Our Poll: Is the Time Well Spent Movement Influencing Social Media Marketing Plans?

MARKETING LAND

Facebook CEO Mark Zuckerberg kicked off 2018 by announcing one of his big goals was “making sure that time spent on Facebook is time well spent.” The concept of time well spent was, in fact, pioneered in 2016 by former Google design ethicist Tristan Harris. The Time Well Spent movement is now championed by former executives at Google, Facebook, Mozilla and other tech firms who formed the Center for Humane Technology to raise awareness around the negative impacts of phone and social media addiction. READ MORE


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Are You a Boss or a Leader?

ENTREPRENEUR

People who influence positive and beneficial outcomes, without the hammer of "Because I said so!" at their disposal, are good leaders, whether they are bosses or not. Bosses who use a "Because I said so!" approach are not leaders. Bosses can have short, quick solutions to complex situations. Leaders are not afforded that luxury. A leader must leave openings for conversations. READ MORE

4 Flight Attendants on the Things Nobody Knows About Their Job

REFINERY 29

Believe it or not, living much of life at 30,000 feet isn't even the wildest thing the flight attendants we spoke to told us about. From intense training to crash pads to some facts about the relative cleanliness of airplanes that will make you never want to set foot on one again, scroll on for the facts of flight attendant life that you probably don't know but definitely should. READ MORE

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