Today, FDRA sent a letter to President-elect Biden urging action on two key items for the footwear industry, removing 301 tariffs and re-entering the Trans-Pacific Partnership (TPP). The letter from FDRA states:
"On behalf of the entire footwear industry, we urge you to take two actions that will immediately strengthen U.S. companies and consumers: remove the 301 tariffs on footwear and re-enter the Trans-Pacific Partnership (TPP), now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). We need these actions, because American families are already paying tens of millions more than they should this year as a result of antiquated trade policies.”
FDRA is one of the first groups in D.C. to make formal policy requests of the President-elect to ensure that footwear is first of mind to his new staff. FDRA plans a robust push in 2021 to roll back 301 tariffs and find new avenues for duty reduction to help our members.
