The Trump Administration had proposed collecting Section 301 tariffs on imports from China shipped direct to consumers and valued at less than $800. The Office of Management & Budget dropped the proposal on February 17, 2021. The President has announced a six month review of Section 301 tariffs on Chinese products before deciding on a future tariff policy toward China. The current policy places tariffs of up to 25 percent on consumer goods.
The decision to remove “de minimus” shipments from potential Section 301 tariffs offers goods from China the opportunity to enter the U.S. duty-free, provided they are shipped direct to consumer and valued under the $800 threshold to qualify.
For more information contact SFIA’s Senior Vice President of Government & Public Affairs, Bill Sells, at email@example.com.
SILVER SPRING, MD (Feb. 16, 2021) — Americans started strong, stopped everything when COVID-19 hit, and then pursued pandemic-acceptable sports and fitness activities as the year progressed, according to SFIA’s Annual Topline Participation Report released today. The report measures the participation rates of all Americans, ages 6 and above, tracking 120 sport, fitness and outdoor activities. In addition, this year’s report features a special section: COVID-19 Effect on Participation.
Individual sports such as tennis, golf, running, hiking, skateboarding and surfing thrived in 2020. Helping to drive growth was a participant’s ability to take part in…
The E.U. recently announced its desire to reverse the tariff policies that were originally employed in response to the U.S. tariffs on E.U. imports resulting from the ongoing Boeing/Airbus subsidy dispute. This is consistent with President Joe Biden’s comments on returning to normal trade relations with our friends to have a united front in dealing with China. The E.U. retaliatory tariffs applied to fitness equipment imported under HTS 9506.91.10.
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As control in Washington has shifted to President Biden and the democrats, SFIA joined 165 other business interests in sending a letter to Congress to remove products subject to the Section 301 Tariffs on imports from China and use alternate strategies for resolving our trade disputes. A copy of the letter can be found here.
SILVER SPRING, MD (Jan. 26, 2021) — The Sports & Fitness Industry Association will be hosting the annual Start-Up Challenge on May 4, 2021 in a virtual setting. The format will be a little different as we transition to a virtual event, hosting over 150 judges from across the sporting goods and fitness industries, including executives, investors, venture capitalists, thought leaders and industry experts. The competition will be intense as start-ups battle for a substantial grand prize package.
Under Armour will grant the grand prize winner access to the Under Armour Innovation Team, a collection…
Release Date: January 13, 2021
WASHINGTON — Effective January 13 at all U.S. ports of entry, U.S. Customs and Border Protection (CBP) will detain cotton products and tomato products produced in China’s Xinjiang Uyghur Autonomous Region.
CBP issued a Withhold Release Order (WRO) against cotton products and tomato products produced in Xinjiang based on information that reasonably indicates the use of detainee or prison labor and situations of forced labor. …
With the implementation of Section 301 Tariffs on imports from China, many companies moved their production out of China to Vietnam. President Trump is currently considering applying Section 301 Tariffs on imports from Vietnam in the final days of his term based on alleged violations related to timber harvesting and currency manipulation. SFIA joined more than 150 businesses and 50 organizations on a letter to President Trump objecting to the use of Section 301 tariffs to address any trade issues with Vietnam. President-elect Biden has not decided on his plan for Vietnam. Please find a copy of the letter here. SFIA will continue to monitor the Vietnam tariff situation and provide updates.
Please contact Bill Sells, SFIA SVP for Government & Public Affairs, at firstname.lastname@example.org with any questions.
The USTR held hearings last week on the initiation of Section 301 tariffs on Vietnam imports due to alleged illegal timber harvesting and currency manipulation. The President is seriously considering implementing these tariffs in the final week of his term and there is an effort underway to deter this action.
SFIA has signed on to the letter (linked below) on behalf of the industry opposing the implementation of Section 301 tariffs on Vietnamese imports. Businesses are also signing on and the deadline is this week (January 8, 2021).
If you wish to add your business to the letter, and read the letter in its entirety, please click here: collect signatures.
Please contact Bill Sells, SFIA SVP of Government and Public Affairs, with any questions at email@example.com.
While the pandemic has created many obstacles for events in our industry, including annual conferences, such as LaxCon, the AFCA Convention, the ABCA Convention and many others, we have all been able to pivot and continue our mission during these unprecedented times. Like many large conferences, SFIA will continue to host annual specific-sport council meetings, albeit virtually. We will greatly miss seeing our council members in person and gauging the pulse of the industry through each convention, but we hope to be back there soon.
Please see below for the 2021 SFIA Council Meeting Schedule:
The President signed the year-end omnibus budget and COVID relief package at the end of the year, but unfortunately it did not include the Miscellaneous Tariff Bill (MTB) or renew the Generalized System of Preferences program (GSP), nor did the USTR take action to extend the expiring product exclusions from China tariffs. The USTR follows the president’s directives and he has been largely silent on China tariffs since the election. The MTB and GSP were not included in year-end legislation as the clock ran out before congress could finalize details due to a contested election and COVID relief post-election. …
SFIA is the leading global trade association in the sports & fitness industry. SFIA is the #1 source for sport & fitness research. More info at www.sfia.org.