US Legislation To Reduce Import Tariffs On Sportswear

U.S.A

A bill to exempt part of the leisure function garments from customs duties is granted.

And the welcome of footwear enterprises.

The bipartisan OUTDOOR bill will benefit jackets and trousers from sports such as Yu Jianhang, cycling, skiing and snowboarding.

In addition to enabling more people to afford these products, they will also promote public participation in outdoor sports, and designers and retailers who are good at casual functional clothing will be more competitive in the global economy.

The bill will announce new classification items for casual functional outdoor wear in the US harmonized tariff regulations (HarmonizedTariffSchedule) for needles / weaving needs.

The products will be duty-free in turn, which reflects the fact that the US International Trade Commission (ITC) report does not have commercial interests in the manufacture of casual functional outdoor apparel in the United States.

Executive director TimBoyle expressed support for passing the bill because it will help stimulate product innovation, make functional outdoor clothing more affordable, and promote healthy outdoor lifestyle and stimulate job growth.

It is estimated that the outdoor industry contributes US $730 billion annually to the US economy.

Basis

Statistics show that the current tax code for outdoor leisure apparel in the US is intended to protect American manufacturers from external competition, which can impose a 28% tax rate on retail costs.

KevinBurke, executive director of the AAFA, says that removing trade barriers is a way to maintain the global competitiveness of American Apparel and footwear.

The rapid adoption of the OUTDOOR bill will help to promote the outdoor apparel industry in the United States to a new stage so that leisure lovers around the world can enjoy the innovative design products developed.