Industry Pushes for Tariff Relief as USTR Review Begins
The Sports & Fitness Industry Association was one of more than 200 organizations signing off on Americans for Free Trade’s letter to Senate leaders pushing for renewal of the Miscellaneous Tariff Bill, reauthorization of the Generalized System of Preferences, and return of exemptions to Section 301 tariffs through the trade bills currently being sorted out in conference committee. The Senate’s US Competition and Innovation Act included many of these amendments, which are now being negotiated to sorting out the Senate bill with the House’s America COMPETES Act. The letter cites a figure from Moody’s that China absorbed 7.6% of recent ... Log in to view full article.