AAFA warns of severe impact from USTR’s new shipping tariffs on China

American Apparel & Footwear Association (AAFA) has criticised the US Trade Representative’s move to impose phased fees on Chinese vessels and tariffs of 20 to 100 per cent on shipping equipment following a Section 301 probe.
AAFA, which testified against the plan, warns the measures will hurt US farmers, workers, and the wider economy by disrupting trade and raising consumer costs.Read More

21.04.2025Comments Off
Bangladesh apparel exporters likely to pay $250 mn US tariff a month

Concerned over the tariff on garment exports to the US, apparel exporters in Bangladesh recently cautioned that the sector could face an average monthly duty burden of $250 million unless the duty is permanently withdrawn.
Close to 1,000 factories may struggle to survive, industry leaders say.
While buyers are traditionally responsible for tariffs, many are now passing the cost onto suppliers.Read More

21.04.2025Comments Off