US President Donald Trump terminated the designation of Turkey as a beneficiary nation under its generalized system of preferences (GSP) in a May 16 proclamation, while the suspense regarding India’s status continued. Turkey’s termination becomes effective today. On March 4, President Trump announced his intention to terminate...
The US Hide, Skin and Leather Association (USHSLA) has said the escalation of the trade tensions between the US and China will mean increased tariffs on some exports of raw material from the US to tanners in China. However, it said on May 14 that most US...
According to the Footwear Distributors and Retailers of America (FDRA), President Trump’s newest proposal to add an additional US$300 billion in duties on apparel, footwear and textiles imported from China could cost Americans US$7 billion more each year in footwear alone. Early Monday evening, the Trump administration filed a new proposal...