September 26, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
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Now Live: Everything Show

TGA

The 2020 Travel Goods Show will be a landmark event, a floor-to-ceiling reimagining of how The Show can help you be better informed, build stronger sales, and be more product savvy. And the official Show website is everything you need to know to attend, exhibit and maximize your Show experience to help your business. Whether you’re a retailer, distributor, manufacturer or rep, this is your number-one connection to the industry at large and your jumpstart for 2020.

FILE YOUR EXCLUSION PETITIONS TODAY: China Tariffs Exclusion Process Deadline is September 30

TGA

The deadline to request exclusions from President Trump’s 25% punitive tariffs on U.S. travel goods imports from China is September 30 (details, web portal). TGA held a September 5 members-only webinar (letter to USTR, webinar recording) detailing the exclusion process and how to file an exclusion petition. 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 from September 2018 until August 7, 2020. TGA strongly encourages interested companies to file their own petitions or file responses in support of the hundreds of travel goods petitions already filed. Note that petitions must show that the punitive tariffs have caused the petitioner economic harm AND that there is no alternative source for the product outside of China, at least not without immense costs and a lot of time.

As of September 24, a total of 17,534 exclusion petitions were filed for Tranche 3, of which 59 companies filed a combined 419 petitions requesting exclusions for certain travel goods. More than 100 travel goods petitions have been filed in the last week alone. To date, the Office of the U.S. Trade Representative (USTR) has granted exclusions for 61 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.

TGA Opposes Proposal to Raise Punitive Tariffs on U.S. Travel Goods Imports from China

TGA

On September 20, TGA filed comments strongly opposing President Trump’s decision to raise the punitive tariffs on U.S. travel goods imports from China from 25% to 30%. TGA also helped organize an industry letter opposing the proposed tariff increase. Finally, TGA joined the larger business community in opposing the tariff increase. The comments/letter were in response to a request for comments on the proposed tariff increase, which is scheduled to go into effect on October 15 (note that the request for comment still incorrectly lists October 1).

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Trump's China Trade Rhetoric Turns Harsh at U.N., Says Won't Take 'Bad Deal'

REUTERS

President Donald Trump delivered a stinging rebuke to China’s trade practices this week at the United Nations General Assembly, saying he would not accept a “bad deal” in U.S.-China trade negotiations. Four days after deputy U.S. and Chinese negotiators held inconclusive talks in Washington, Trump’s remarks were anything but conciliatory. READ MORE

Donald Trump: Trade Deal with India Soon

THE ECONOMIC TIMES

India and the U.S. will soon have a trade deal to be followed by a bigger agreement later, President Trump said earlier this week, suggesting that the two nations may be close to resolving current disputes. “We are doing very well. I think very soon we will have a trade deal. We will have a larger deal later on,” Trump said during a joint press conference with Prime Minister Narendra Modi after their bilateral meeting in New York on the sidelines of the UN General Assembly. READ MORE


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Grassroots is Great, But Key to Greening of Travel Will Be Big Global Finance

SKIFT

Against the backdrop of Climate Week NYC and the United Nations in session this week in New York City, a debate is raging about the best way for the travel sector to limit the effects of climate change and its effect on the environment. Part of that dialogue was that while many hotel chains are banning straws and airports are turning to renewable energy, wider changes in the supply chains and with the business models of travel companies are truly needed to make a difference. READ MORE

The Role of RFID in New Retail Supply Chains

TECHNODE

RFID, which has been around in its current form for the past two decades, didn’t start to make serious inroads into retail initially due to cost concerns, a lack of global standards for adoption, and risk aversion at management level. But the identification methods and technical characteristics of RFID is making it a better fit for the demands of the new retail sector as the accuracy of data and inventory planning are increasingly important in omnichannel retailing and the improvement of customer experiences. READ MORE

American Eagle CMO Shares Why the Future of Retail Will Take More Than a 'Let's Just Put Some Technology and Screens Up' Approach

BUSINESS INSIDER

American Eagle Outfitters has become a bright spot amid the carnage of the retail apocalypse – thanks largely to its investment in experiential retail, according to Chief Marketing Officer Kyle Andrew. Speaking at the UBS Future of Retail conference this week, Andrew acknowledged that while not every strategy has been a win, innovating around failure has been key to the brand's success. READ MORE

Social Media Marketing Metrics: What Matters?

THE DAILY PROGRESS

Knowing the effectiveness of your social media marketing efforts involves more than just counting your Facebook business page “likes” and Twitter followers. Superficial “vanity metrics” rarely provide an accurate window into how well your strategy is working. READ MORE

Bill Gates Says This 1 Simple Habit Separates Successful Leaders from Everyone Else

INC.

Leadership should resonate deep within our collective conscience if we are to raise the bar of our own leadership. Bill Gates said, "As we look ahead into the next century, leaders will be those who empower others." While that may sound vague to some, let's put some definition around it in the context of effective leadership performance today. But first, we need to clear an obstacle to our thinking about any misconceptions and false truths about what leadership is not. READ MORE

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