AAFA Letter to Biden Calls for Tariff Relief Amid Shipping Crunch – Footwear News

AAFA Letter to Biden Calls for Tariff Relief Amid Shipping Crunch – Footwear News

The American Apparel & & Footwear Association wants President Joe Biden to hear its message clear and loud.
The Washington, D.C.-based lobbying group sent out a second letter to the White House today reiterating its call for action as the shipping crisis intensifies ahead of the crucial back-to-school and vacation shopping seasons.
In the letter, AAFA President and CEO Steve Lamar emphasized the need for additional federal support to address the continuous circumstance that has actually caused a “damaging cycle of lengthening delays and soaring costs.”.
The consumer rate index rose 5.4% in June as inflation grew at its fastest pace because August 2008, and transportation-related costs represented the bulk of the increases. Footwear prices leapt 6.5% year-over-year.
Lamar praised efforts to pass a bipartisan facilities bill, along with Bidens June executive order that directs the Federal Maritime Commission to think about additional rules to counter unreasonable detention and demurrage expenses.
However the time to act is now, Lamar composed. He emphasized the markets support for the elimination of Section 301 tariffs and the renewal of the Generalized System of Preferences and Miscellaneous Tariff Bill..
” The next a number of months are important to the American retail industry, as we prepare for back-to-school and vacation shopping. While there are lots of medium and long-lasting actions that must be taken, the President can have an instant effect on American small businesses and American consumers by ending the previous administrations punitive Section 301 tariffs that continue to hamstring our market.”.
The FDRA and NRF likewise sent letters to Biden calling for action on the shipping circumstance.

This content was originally released here.

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