To help reduce the costs of getting products into the U.S. stream of commerce, the Sports & Fitness Industry Association (SFIA) joined a coalition of 176 American businesses, trade organizations, and workers on a letter to U.S. Trade Representative Katherine Tai requesting a fully transparent review of Section 301 tariffs on Chinese made products. The March 29th coalition letter expressed a strong desire for the review process to include a comprehensive economic assessment of the tariff’s impact on the U.S. economy. The group seeks stakeholder inclusion in the review process and asks USTR to conduct a review of all four Lists (1, 2, 3, & 4A) to ensure a complete assessment of the Section 301 Tariffs. It is estimated the government has collected more than $176 Billion in Section 301 tariffs since they were implemented.
Click here to review the letter.