BOULDER, Colo., December 13, 2019 – In welcome news for outdoor companies and consumers, the United States and China released the details of a phase one trade deal that will cancel upcoming punitive tariffs on outdoor apparel, footwear and equipment and, for the first time, roll back existing tariffs on some of those products.
“The cancellation of some tariffs and reduction of others for products like outdoor apparel, footwear and equipment is welcome holiday season news to the outdoor industry and consumers, but more needs to be done – and done soon – to provide a stable economic environment so our outdoor businesses can innovate and plan ahead,” said Patricia Rojas-Ungar, vice president of government affairs for Outdoor Industry Association. “Outdoor companies large and small have already paid $2.6 billion more in tariffs than last year on affected products and are doing everything they can to absorb these costs and avoid price increases. While the news of a phase one deal is a good step, now is the time to conclude a comprehensive deal to remove all punitive tariffs so outdoor companies can get back to doing what they do best: creating new and innovative outdoor products to enhance the outdoor experience.”
Specfically, today’s phase one deal will achieve the following:
- Cancel the 15 percent punitive tariff on List 4B products scheduled to come into effect on December 15.
- Reduce the 15 percent tariff on List 4A products to 7.5 percent.
While this is good news, the 25 percent punitive tariff on $250 billion worth of products – including List 3 items such as backpacks, sports bags, camp chairs, bikes and leather ski gloves – will be remain in place and be the subject of the phase two negotiations.
OIA will continue working with our members, elected leaders and the administration to achieve a comprehensive deal as soon as possible to remove all punitive tariffs. Still, the fact remains that outdoor companies have already paid $2.6 billion more in tariffs on affected products over the past year due to the U.S.-China trade war.
About Outdoor Industry Association
Based in Boulder, Colo., with offices in Washington, D.C., Outdoor Industry Association (OIA) is the leading trade association for the outdoor industry and the title sponsor of Outdoor Retailer. OIA unites and serves 1300 manufacturer, supplier, sales representative and retailer members through its focus on trade and recreation policy, sustainable business innovation and outdoor participation. For more information, visit outdoorindustry.org.