October 3, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
ADVERTISEMENT
Advertisement HONTUS MILANO
TOP NEWS

It’s Show Time Online

TGA

The very best brands in travel gear will debut their newest products this coming March. To see them and be among them, visit the official Travel Goods Show website for up-to-the-minute news on who’s exhibiting, where to stay in fabulous New Orleans, special Show events and lots more. Register to attend (free!) or get the low-down on exhibiting at the industry’s most exciting happening. It’s only two days – but the impact and energy will ripple throughout 2020, and you don’t want to miss it.

China Tariff Exclusion Portal Now Closed – Still Time to File Responses in Support of Petitions

TGA

The portal to request exclusions from President Trump's 25% punitive tariffs on U.S. travel goods imports from China closed September 30. However, there is still time to file responses in support of many of the hundreds of travel goods-related exclusion petitions filed. Go to the exclusions web portal to see all of the 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 from September 2018 until August 7, 2020. Note that petitions (and respondents) must show that the punitive tariffs have caused 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.

In total, companies filed 30,335 petitions requesting exclusions from the punitive tariffs on U.S. imports from China. For travel goods, 146 companies filed a combined 863 petitions requesting exclusions for certain travel goods. More than 400 travel goods petitions were filed in the final week before the deadline. 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 378 petitions, including 30 travel goods petitions.

ADVERTISEMENT
Advertisement TRAVEL SENTRY

Impact of U.S.-China Trade War Felt in Both Countries

PBS

For decades, the world's two largest economies – the U.S. and China – have been integrated. But the Trump administration is now trying to undo that, as an escalating trade war impacts consumers and businesses in both countries. NewsHour's Nick Schifrin and special correspondent Katrina Yu report on the third in a 10-part series, "China: Power and Prosperity," with support from the Pulitzer Center. READ MORE

U.S. Commerce Secretary Ross Visits India in Bid to Unblock Trade Impasse

THE NATIONAL

U.S. Commerce Secretary Wilbur Ross will be holding talks with Indian leaders this week and three sources in government and industry in New Delhi said there were renewed expectations of a trade deal on farm goods and pharmaceuticals. The two countries have been locked in trade disputes for months and were expected to announce a limited deal during Indian Prime Minister Narendra Modi's trip to the U.S. last month. READ MORE


ADVERTISEMENT

Advertisement GUESS

How a Hyperloop May Change How and Why We Travel

CNBC

Think of how well-traveled and eco-responsible you would be if you could economically zip between cities at speeds exceeding 700 miles per hour in a comfortable, carbon-neutral way. Without going to the airport. That’s the promise of hyperloop. Advances in technology – and mounting frustration with existing transit modes – means hyperloop has gone from fantasy to likely fruition. READ MORE

Retailers Need to Adapt to Changing Markets, Former CEO Says

FOX BUSINESS

Retail is not dead, it's just transitioning. Despite recent announcements that retailers would be filing for bankruptcy or closing landmark brick-and-mortar locations, former Toys 'R' Us CEO Gerald Storch said the idea of the demise of retail is merely “a red herring” during an interview with FOX Business’ Stuart Varney. Storch continued to explain the long-term trend has not shifted away from retail. Consumers are embracing e-commerce at the deficit of brick-and-mortar stores and that it “has nothing to do with a recession.” READ MORE

Amazon Sellers Say Online Retail Giant is Trying to Help Itself, Not Consumers

THE WASHINGTON POST

Amazon has become a powerful marketplace alongside its role as an online retailer, with more than 2.5 million third-party sellers who have become global businesses on its platform. Early on, Amazon compelled sellers to use its warehouses to guarantee speedy Prime shipping, in addition to other programs that largely benefited consumers. But now, sellers and former employees familiar with Amazon’s internal strategy say the company is increasingly focused on boosting its profits on the backs of its sellers – often without any clear upside for customers. READ MORE

8 Ways Your Business Can Stand Out on Social Media in 2019

INC.COM

Businesses and brands are constantly competing for attention on social media, and with all the noise and incessant messaging, how can you make your voice heard? You have to find ways to cut through the noise and stand out like a unicorn in a sea of donkeys. Here, I'm revealing a few of my favorite social media marketing tactics that have helped me grow my businesses and stand out on social. READ MORE

Passenger Opens Airplane Emergency Exit Door Just to Get 'Breath of Fresh Air'

TRAVEL + LEISURE

Next time you feel like you need a little extra air on your flight, maybe just open your air vent a little. According to the South China Morning Post, a woman on a Xiamen Air flight from Wuhan to Lanzhou, China, significantly delayed her plane’s take-off after opening the emergency exit door because she needed a “breath of fresh air.” READ MORE

##TrackImpression##