October 17, 2019 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

Let’s Get Physical

TGA

If you think your company website can take the place of a real trade show presence, you’d better think again. Online presence is convenient, but physical space is unbeatably effective. It’s why Amazon’s physical footprint is growing, and segment leaders like ULTA, Target and Walmart have been met with success as they double down on physical operations. Trade shows are one of the most effective ways to get new leads, build stronger vendor relationships and reach new audiences, and The Travel Goods Show is still the best in the segment. Find out why – contact Cathy Trecartin, 877-842-1938, x-702; cat@travel-goods.org, and discover how The Show continues to be a smart marketing spend.

Trump Delays 25% to 30% Increase in Punitive Tariffs on U.S. Travel Goods Imports from China

TGA

On October 11, in a press conference with Chinese Vice Premier Liu He announcing a "Stage 1" trade deal between the U.S. and China, President Trump announced that the increase in punitive tariffs on U.S. travel goods imports from China would NOT increase from 25% to 30% on October 15, as previously scheduled. TGA had repeatedly urged President Trump to not increase the punitive tariffs (TGA comments, TGA-organized industry letter, business community letter). While there is still no official announcement, President Trump confirmed the delay, stating in a "helicopter talk" late on October 11 that, "We're going to hold off on the 5% increase from 25% to 30%." Please note that the announcement only delays the increase in punitive tariffs on U.S. travel goods imports from China from 25% to 30%, which means the 25% punitive tariffs on U.S. travel goods imports from China remain in place. The 25% punitive tariffs are in addition to the normal 17.6%-20% tariffs on most travel goods imports.

China Tariff Exclusion Process Moves Slowly

TGA

The U.S. government's review of the 30,331 tariff exclusions requests for the 25% punitive tariffs on U.S. imports from China filed by the September 30 deadline remains excruciatingly slow, with the U.S. government having only reviewed 439 petitions, or a mere 1.4% of all petitions filed to date. Further, only 61 petitions have been approved to date, none for travel goods. Before the deadline, 146 companies filed a combined 863 exclusion petitions on travel goods. To date, 31 of those petitions have been denied. TGA has urged the U.S. government to accelerate its review.

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5 Tips for Keeping It Together as a Digital Nomad

THE NEW YORK TIMES

For most of the last five years I’ve lived as a digital nomad, working while traveling for months at a time across dozens of countries and five continents. For the most part, this is as fun as it sounds. You have the occasional bad day. Working in a humid hostel with dial-up internet speeds, worrying about deadlines and that meeting scheduled for 4:00 a.m. can take the glamour out of it all. Here are some tricks I’ve learned to keep those bad days to a minimum. READ MORE


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How to Get Noticed by Your Boss’s Boss

HARVARD BUSINESS REVIEW

You’re bright. You have good ideas, insights, and the ambition to take on more. But you aren’t getting the opportunities you want, and your manager has not been helpful. How do you get noticed by senior leadership without going over your boss’s head? READ MORE

Millennials Say They Work to Pay the Bills, But Also Because They Want to Travel

BUSINESS INSIDER

Millennials have already changed the workforce, and their motivations for going to work every day might be different than their parents and grandparents. According to data from job search site FlexJobs, most millennials are motivated to work in order to pay for basic necessities and to earn money to travel, more so than making money to pay off debt or save for retirement. READ MORE

How to Deal with Constantly Feeling Overwhelmed

HARVARD BUSINESS REVIEW

Our work lives have become increasingly demanding, presenting us with ever more complex challenges at a near-relentless pace. Add in personal or family needs, and it’s easy to feel constantly overwhelmed. In their book, Immunity to Change, Harvard professors Robert Kegan and Lisa Lahey discuss how the increase in complexity associated with modern life has left many of us feeling “in over our heads.” This has nothing to do with how smart we are, but with how we make sense of the world and how we operate in it. READ MORE

October is LGBT History Month – Here’s Where to Celebrate Around the World

TRAVEL + LEISURE

In honor of LGBT History Month, we’re showcasing a diverse collection of destinations around the world that are commemorating the cause. From one-off international events to month-long domestic festivities, here’s where you can still travel to join in on the merriment. So brush up on your history, book a flight, and pack your bags, because October will be over before you know it. READ MORE

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