Newsletter at-a-glance
With the first tranche of tariffs on U.S. imports from China taking effect on Friday, AAFA's Rick Helfenbein went on Fox Business - Countdown to the Closing Bell where he presented the industry's views. Watch the interview under Trade.
Everyone from AAFA wishes you a Happy Independence Day!
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July 2: American Apparel & Footwear Association CEO Rick Helfenbein speaks with Fox Business on the trade spat between the U.S. and China. ( Source: Fox Business)
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July 2: ... "Apparel and footwear executives were reminded on a daily basis that they need to (A) engage and pay close attention to Washington, and (B) keep updating their sourcing plans to make sure their supply chains are out of harm’s way," [Steve Lamar, executive vice president of the American Apparel & Footwear Association] said. ( Source: Sourcing Journal - article unlocked)
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July 2: New president-elect’s approach is expected to ease the path for renegotiating the trade alliance with Trump administration ( Source: Wall Street Journal)
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July 1: ... "It would be the equivalent of walking away from the WTO and our commitments there without us actually notifying our withdrawal," said a source familiar with the bill. ( Source: Axios)
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July 1: The main brands of clothing, footwear and other industries operating in Nicaragua’s Free Trade Zones issued a statement on Saturday, demanding that the government of President Daniel Ortega respect the rule of law, cease repression and guarantee freedom of assembly and expression. ( Source: Havana Times)
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June 28: The full House and a Senate panel on Thursday approved massive appropriations measures to fund the next defense policy plan, bringing a 2.6 percent military pay raise, boosts to troop levels as well as new weapons and equipment closer to reality. ( Source: Military.com)
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June 27: A shift from a supply chain to a demand chain will mean clothing production moves back to local, distributed hubs. ( Source: Forbes)
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June 29: On Thursday, California Gov. Jerry Brown signed what looks like the boldest data privacy bill in the country — and the reverberations could shake retailers in the West Coast and beyond. ( Source: Women's Wear Daily - login required)
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June 28: A number of major US trade associations have joined forces to send a letter to two members of the House Ways and Means Committee warning that the Trump administration’s recent trade tariffs are having a harmful effect on the battle against counterfeit goods. ( Source: World Trademark Review)
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June 26: Four online marketplaces, including Amazon and eBay have signed a Product Safety Pledge committing to the faster removal of dangerous products from their listings, according to a press release from the European Commission (EC). ... The main purpose of the agreement is that the four companies agreed to respond to notifications by member states of the EC about dangerous products within two working days, and take action on customer complaints within five working days. ( Source: Retail Dive)
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The stench of tariffs: As you read today’s newsletter, trade developments continue to unfold with unprecedented speed in D.C. and around the globe. In fact, a leaked draft of a Trump administration bill would declare American’s abandonment of fundamental World Trade Organization (WTO) rules – a policy that would be deemed the "U.S. FART Act" (United States Fair and Reciprocal Tariff Act). See the full story above under Trade. AAFA has been fighting to protect fair and open trade around the globe, on behalf of members, and will not be slowing down. On June 29, AAFA submitted a request to provide additional testimony for the second tranche of the Administration's proposed tariffs on U.S. imports from China for the July 2018 hearings.
July 2 on Fox Business - Countdown to the Closing Bell: AAFA President and CEO Rick Helfenbein shares insights on the U.S.-China trade spat and what it could mean for consumers. Watch here.
AAFA urges rewrite of California port drayage trucker legislation: On June 28, AAFA sent a letter to California Senator Ricardo Lara expressing serious concerns with SB 1402, Senator Lara’s port drayage trucker legislation. If approved, as currently written, the legislation would create immense uncertainty for the industry, putting thousands of well-paying California apparel and footwear, port, and distribution center jobs at risk.
Concerns in Nicaragua: On June 29, AAFA joined with several other organizations and brands in a letter to President Daniel Ortega Saavedra expressing concerns with the ongoing political and social crisis in Nicaragua.
See all of AAFA’s latest letters, comments, and testimony here.
Congress and government agencies solicit comments on a range of issues that may affect your business – find a list of comment opportunities here.
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July
July 11 Member-Only Webinar: Trade War or Friendly Dispute? Managing the Chaos
July 12 Webinar: Mud Pie and the Gift of Growth
July 18 Webinar: Licensed Product Challenges and Solutions
July 19 Government Relations Committee Lobby Day
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Trade
