August 29, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

Fight Tariffs with Certainty

TGA

With so much economic uncertainty and the on-again/off-again tariffs situation, it’s good to know you can count on The Travel Goods Show to be a stable source of growth and industry camaraderie. It’s the best place to launch your new products, reaching the world’s leading travel goods retailers who rely on The Show for new product info and to lay hands on new-for-the-year items from hundreds of leading manufacturers. Space is selling quickly and it’s first-come, first-served, so don’t delay – contact Cathy Trecartin to book your space now, cat@travel-goods.org, 877-842-1938, x-702.

China Tariffs: President Trump Raises Tariffs to 30% on October 1 as Exclusion Process Continues – September 5 TGA Webinar

TGA

On August 23, in a tweet, President Trump announced that he will raise the punitive tariffs on U.S. imports of travel goods from China to 30%, effective October 1.

Meanwhile, on September 5 at 2:00 PM EDT, TGA will hold a webinar on the U.S. Government’s exclusion process (details, web portal, letter to USTR, webinar recording) from Tranche 3 tariffs, including the 25% tariffs on U.S. imports of travel goods from China. (Register for the webinar here.) If an exclusion is granted on a certain product, any U.S. import of that product is eligible for refunds of all punitive tariffs paid since September 2018 and is excluded from paying punitive tariffs for one year after the exclusion is granted. As of August 27, a total of 10,662 exclusion petitions have been filed for Tranche 3, of which 26 companies filed a combined 122 petitions requesting exclusions for certain travel goods.

Once a petition is live on the portal, the public has 14 days to file a response to the petition. For example, for petitions filed on August 20, the response period closes September 3. Note that any exclusion granted applies to not just the petitioner but to ALL U.S. importers who meet both the HTS number and the product description in the exclusion petition. TGA strongly encourages interested companies to file their own petitions and/or support existing petitions by filing responses in SUPPORT of petitions. The deadline to file petitions is September 30. As of today, the Office of the U.S. Trade Representative (USTR) has granted exclusions for 15 petitions (none in the travel goods space) and denied 94 petitions, including 12 travel goods petitions. Please contact TGA’s Nate Herman (nate@travel-goods.org) if you have questions or would like additional information.

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China Insists It is Unaware of Calls to Trump and Says Tariffs Are ‘Extreme Pressure’ and ‘Not Constructive at All’

CNBC

On Monday, Trump said at the G-7 summit in France that China in recent phone conversations expressed its desire for a deal. His comment renewed hopes for a resolution between the world’s two largest economies. “China did not and will not surrender,” Xinhua said in a commentary on Tuesday. “Playing the old tricks of bullying and maximum pressure, the U.S. administration has escalated the trade tensions repeatedly and tried to coerce China into accepting its irrational demands.” READ MORE


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Hire Leaders for What They Can Do, Not What They Have Done

HARVARD BUSINESS REVIEW

Fifty years have passed since the publication of The Peter Principle, but its rule still applies today. “In time, every post tends to be occupied by an employee who is incompetent to carry out its duties,” noted Laurence J. Peter, the educator behind this famous work. His theory postulates that most competent people are promoted until they reach a position that is above their skill level, at which point they cease to grow. Organizations that wish to select the best people for leadership roles therefore need to change how they evaluate candidates. The next time you are filling a managerial position, ask yourself these three questions. READ MORE

How to Travel Using an E-Bike or Scooter

THE NEW YORK TIMES

Curious about those electric bikes, scooters and mopeds scattered across city centers these days? There’s been an explosion of electric vehicles-for-hire in cities worldwide, providing alternatives to public transport for getting around town. READ MORE

Infographic: Dos and Don’ts for Social Media Marketers

PR DAILY

For any team looking to engage a social media audience, there are some basic rules of the road: Be polite; avoid politics; respond quickly; be human. However, even the most experienced social media team can run afoul of the online mob. This infographic offers some basic dos and don’ts for communicators who want to engage on social media. READ MORE

Fast-Growing Travel Companies Break with Agency Traditions

SKIFT

What does the successful leisure travel agency of the future look like? It could well be one that bears little resemblance to a traditional travel agency. That is certainly indicated by the success of Audley Travel U.S. and Indagare Travel, which both made Inc. Magazine’s 2019 list of the top 5,000 fastest-growing privately-held companies in the U.S. Each focuses on providing highly customized itineraries and does so with a business model quite unlike that of most travel agencies. READ MORE

Why Buy Online, Pick Up in Store Appeals to Younger Shoppers

PYMNTS.COM

Sometimes next-day delivery isn’t even enough. That’s why buy online, pick up in store (BOPIS) is gaining steam. Younger consumers like this purchasing model because it provides the advantages of physical retail (immediate access to goods) alongside the key benefits of ecommerce (ensuring items are in stock and ready). A recent study found that more than half (58%) of Generation Z have used BOPIS with nearly two-thirds using it within the last month. READ MORE

Why Hotels in the U.S. Are Better Than Ever

CONDÉ NAST TRAVELER

Visiting the world's most exciting addresses doesn't have to mean a long, overseas flight. In the past few years across the U.S., hometown hotel heroes have been energizing their neighborhoods, adding their own rootsy, original style. Here are some of the best hotels on our radar, many of which are setting industry trends across the country. READ MORE

Photos Show 21 Incredible Vintage Retail Stores from History

SMALL BUSINESS TRENDS

Retail stores have changed dramatically through the years. And the change has not been all positive for retailers. In fact, more than 7,000 stores closed in 2017 alone. But while much has been made of the “retail apocalypse,” some physical stores are still thriving around the country. And many of them could potentially benefit from insights from their predecessors. READ MORE

Rick Steves Gives Great Advice After Being Pickpocketed in Paris

TRAVEL + LEISURE

Just because something’s never happened to you doesn’t mean it never will. Travel host extraordinaire Rick Steves revealed in a blog post this week that – despite an estimated 4,000 days of travel under his belt and despite never having been pickpocketed before – he was the victim of a pickpocketing scam in Paris this summer. READ MORE

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