September 12, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
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What’s Smart for Business

TGA

Keep an eye on your mailbox for the Business Issue of Travel Goods Showcase, featuring the best in new business products for everyday use and business travel. Business takes place everywhere, and these are the items that let people expand their productivity zone beyond the office. Discover the newest in on-the-go work gear, crack the code on marketing to Millennials, and read about what’s ahead for the newly reinvented 2020 Travel Goods Show in the industry’s #1 trade publication.

China Tariffs: 9/5 TGA Webinar Slide Deck & Recording; Exclusion Process Deadline of September 30; NEED SIGNATORIES for Letter Opposing Tariff Increase to 30%

TGA

The deadline to request exclusions from the China tariffs is SEPTEMBER 30. TGA held a September 5 member-only webinar (letter to USTR, webinar recording) detailing the exclusion process (details, web portal) from the China tariffs. TGA strongly encourages interested companies to file their own petitions and/or support existing petitions by filing responses in SUPPORT of petitions.

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 September 10, a total of 13,335 exclusion petitions have been filed for Tranche 3, of which 37 companies filed a combined 137 petitions requesting exclusions for certain travel goods. 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. Again, the deadline to file petitions is September 30.

Meanwhile, TGA encourages companies to sign on to a draft fashion and accessories industry letter opposing the October 1 increase in the punitive tariffs from 25% to 30%. As reported previously, on August 23, President Trump tweeted that he will raise the punitive tariffs on U.S. imports of travel goods from China from 25% to 30%, effective October 1. Note, this is in addition to normal tariffs already paid on imported travel goods. The deadline for companies to sign is COB September 19. To sign the letter, or if you have any questions on the exclusion process, please contact TGA’s Nate Herman (nate@travel-goods.org).

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Trump’s Trade War with China Comes Home to American Consumers

WORLD POLITICS REVIEW

It didn’t take long for the U.S.-China trade war to get worse. Even though negotiators have agreed to meet in Washington next month, they are unlikely to see a breakthrough. If things continue on their current course, they will keep getting worse from now until the end of the year, when there will be tariffs of 15% to 30% on almost everything the U.S. imports from China. READ MORE


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World's Most Glamorous Airport Hotel Ups the Travel Hub Scene

CNN

If the changes afoot in South Korea take hold around the world, we may be ushering in a new era of airport hotels. Though the hospitality industry has made great strides in delivering unique accommodations, airport hotels have mostly been left out of the loop. Paradise City, however, outside Incheon International Airport, oozes glamour. It's the hottest airport hotel around. READ MORE

Thriving Hotel Industry Scrambles for Workers

THE NEW YORK TIMES

The hotel industry is booming in the U.S. in pretty much every way, except in one that might matter most to guests: staffing. “This is the tightest labor market we’ve seen in a generation, at a time when demand for hotels has never been higher,” said Chip Rogers, president and chief executive of the American Hotel and Lodging Association. More than 2,270 new hotels, motels, inns and bed-and-breakfasts were added over the past three years. READ MORE

Millennials Aren't Going on Vacation – and Here's the Sad Reason Why

TRAVEL + LEISURE

It’s no secret that Millennials are stressed, overworked, underpaid, and in desperate need of a vacation. Even for young people who work at companies that offer paid time off, the cost of traveling can be a real burden – especially when they have to balance their budgets to take care of bills, student debt, and pricey rentals. So, it should come as no surprise that more than half of Millennials cannot afford to take a vacation. READ MORE

5 Steps in Mindfulness Training that will Ultimately Make You an Unstoppable Leader

ENTREPRENEUR

People who are oblivious about themselves, not investing in self-analysis, not observing their surroundings and not ready to learn and unlearn certain parameters are the ones who can never be good leaders as they lack the mindfulness to gain that maturity. So how can leaders train themselves when it comes to mindfulness? Here are the 5 steps that will help. READ MORE

Should Social Media Be Your Main Marketing Tool?

BOSS MAGAZINE

Social media is an undeniably powerful marketing tool. Whether you are running a small business or launching a major startup, social media gives you a way to build your brand’s reputation, engage with your customers, and nurture crucial sales leads. Here are some of the pros and cons of relying on social media as your primary marketing vehicle. READ MORE

Is Any Company Too Small for Travel Management?

BUSINESS TRAVEL NEWS

Conventional wisdom holds that instituting a travel management program begins to make practical and economic sense only for companies with significant travel-related expenditures: $1 million in air spend is a figure often cited as the floor for contracting with a travel management company. Now, a host of tools and programs is challenging that thinking. READ MORE

Open-Carry Laws Thrust 2 Million Retail Workers into Gun Debate

BLOOMBERG

At Walmart Inc. and Kroger Co. stores, new policies that call for dissuading customers from carrying unconcealed firearms have thrust 2 million employees onto the front lines of America’s gun debate. The retailers, along with drugstore chain Walgreens Boots Alliance Inc. and grocer Wegmans Food Markets Inc., said this week that they’ll ask people not to display guns in their aisles, even in states where it’s legal. READ MORE

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