While the industry’s latest hope for action on its trade priorities, two trade bills approved by Congress, languish in conference committee, recent reports indicate that the Biden Administration may move directly on Section 301 tariff relief.

The Senate’s version of the bipartisan Ocean Shipping Reform Act (OSRA) was passed in the House of Representatives by a vote of 369 to 42, and will head to President Biden’s desk where he is expected to sign it.

Net income attributable to shareholders at the Taiwanese sneaker and sporting goods manufacturer rose 26% in the first quarter to NT$ 2,073.0 million ($69.6 mm) from NT$ 1,639.9 million on 16% higher revenues of NT$ 22,395.0 million ($751.8 mm) against NT$ 19,336.8 million.

The veteran action sports industry designer is the force behind Attika, a new performance eyewear maker that exclusively uses biopolymers and recycled materials instead of virgin plastic.