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May 16, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

Real Engagement. Real Results.

TGA

The Travel Goods Show is the best place to engage with retailers in real space, to give them hands-on experience with your new items. Don't settle for an online sales presentation and remote contact when you can come to New Orleans March 3-5, 2020, and get face time with the best retailers from more than 35 countries. This is one of the world's great travel destinations, and it's sure to draw passionate retailers, the ones you'll want to champion your new items. Get with The Show. Contact Cathy Trecartin, cttga@aol.com, 877-842-1938, x-702, and take advantage of early-bird rates of $10 sq. ft. for TGA members!

China Tariffs Now at 25%…Sort of

TGA

On May 10, President Trump increased the punitive tariffs on U.S. imports of travel goods from China from 10% to 25%. However, according to the Federal Register notice and CSMS messages from U.S. Customs and Border Protection – 236 and 238:

  • For goods entered (imported into the U.S.) before 12:01 AM (Eastern) on Friday, May 10, the punitive tariff remains at 10%.
  • For goods that were exported from China before 12:01 AM (Eastern) on Friday, May 10, and entered (imported into the U.S.) before Saturday, June 1, the punitive tariff remains at 10%.
  • To use this special duty rate, which is intended to provide relief from the duty increase for goods already on the water before May 10, the Trump administration has established a special temporary Harmonized Tariff System (HTS) number of HTS 9903.88.09.
  • For goods entered (imported into the U.S.) on or after Saturday, June 1, regardless of when they are exported, the punitive tariff is 25%.

Remember that the punitive tariff on U.S. travel goods imports from China is on top of normal tariffs. Example: normal tariff on U.S. import textile luggage or backpacks is 17.6%. With the 25% punitive tariff, the total tariff on U.S. imports of textile luggage or backpacks from China goes up to 42.6% (17.6% normal tariff + 25% punitive tariff). Today, 82% of all travel goods sold in the U.S. are from China. We need you to raise your voices now in opposition to the new China Tariffs.

You can send a letter to your elected members of Congress and the President by clicking here to use TGA's partner, the AAFA Legislative Action Center. If you want to speak to the media to share your stories about how tariffs have affected you, please contact TGA's Nate Herman at nate@travel-goods.org.

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What is the Path Forward for U.S.-China Trade Negotiations?

WBUR NEWS

China has taken the action that we were expecting. It has announced it will raise tariffs on about $60 billion of U.S. imports. This will include about 5,000 products. This, of course, follows President Trump's decision to impose tariffs on $200 billion worth of goods from China. So, who pays for this back-and-forth? Well, (TGA member) Magi Raible runs a California company that makes backpacks and luggage out of recycled materials. It's called LiteGear. READ MORE

Trump’s Puzzling Trade War with China, Sort of Explained

VOX

President Trump’s years-long trade war with China is heating up, and nobody is exactly sure why or when it will end. Last week, Trump raised an existing 10% tax on many Chinese imports to 25% when talks originally designed to deescalate the earlier round of trade warring collapsed. China responded by raising its own taxes on many American imports. Then Trump started talking about taxing an even wider range of Chinese products. READ MORE

On Social Media, Sell Your Brand, Not Your Stuff

FAST COMPANY

It’s a marketer’s dream: What could be better than having viewers voluntarily send your branded content to friends (and “friends”), saying, “You gotta see this!” Chasing that dream, companies today are moving more and more of their media spend to social channels. It’s a natural evolution – business goes where the buyers are, and nowadays that’s on the platforms. But what kind of content works best on social media? READ MORE


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4 Visual Merchandising Tips for Boosting Sales, Driving Growth

RETAIL CUSTOMER EXPERIENCE

As the shopping journey transitions online, visual merchandising becomes increasingly important for brick-and-mortar stores looking to compete in a digital world. Visual merchandising allows retailers to set themselves apart from their online counterparts, whether that be via customer service, product placement or in-store design. Additionally, according to a report, 65% of shoppers still prefer the in-store experience, giving retailers a chance to increase sales through visual marketing. READ MORE

Google’s New All-encompassing Google Travel Features Make You Your Own Travel Agent

FAST COMPANY

Tell the boss that you’re escaping the relentless rain and taking all your vacation days, because Google is making it easier than ever to book a vacation. The company announced today that Google Maps, Trips, Hotels, Flights, and Search will all live in one place, which means you can figure out where you’re going, where you’re staying, and how you’re going to get there. READ MORE

How to Avoid Memorial Day Weekend Travel Headaches

TRAVEL PULSE

Traveling this Memorial Day weekend will prove hectic for many, especially for those Americans flying to their holiday destinations. According to OAG's latest trend analysis, Friday, May 24 will be the worst day to fly as those 24 hours alone will account for more than 3.4 million domestic departing seats. Fortunately, the U.K. air travel intelligence company has some helpful tips to take some of the stress out of flying this Memorial Day weekend. READ MORE

This is the One Place Americans Say They Would Travel if Time and Money Were No Factor

TRAVEL + LEISURE

Almost any destination can make for a good vacation, but according to a new survey by VRBO, we’re all dreaming of one very specific location for our next getaway. The vacation home rental service polled 1,067 adult American travelers to find out which place they’d like to go if time and money weren’t a factor. And as the results showed, we’re all dreaming of a trip down under. READ MORE

Leadership Traps in a Crisis and How to Climb Out

FORBES

Why is trust important? Because the presence or absence of trust has a material effect on organizations both internally and externally. Shareholders who are uncertain if they trust management don’t invest. Donors to not-for-profit organizations are loath to be associated with those whose reputation has been tarnished. When trust is damaged, customers don’t give the benefit of the doubt when inevitable mistakes happen. Employees don’t give their all when they don’t trust leaders. When things go wrong, leaders often fall into one or more of these three traps. READ MORE

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