Outdoor Industry Association calls for "urgent" support
20/11/2012
The body said in a statement: “The Obama administration is formally opposing all outdoor industry duty suspension bills. This has potentially devastating consequences for outdoor manufacturers, suppliers and retailers. Many of these duty suspension bills have been in place since 2006 and ensure competitive retail prices for the outdoor specialty industry's best selling and most innovative new footwear products.
“The miscellaneous tariff bill has allowed the industry to redirect more than $30 million in cost savings towards new American jobs, investments in innovation and lower prices, while contributing to the health of the outdoor recreation economy.
"Outdoor recreation is a large and growing economic driver in the US representing $646 billion in direct spending each year and more than 6.1 million American jobs. If the Obama administration's position is allowed to prevail, prices on many popular footwear styles would go up by as much as 38% on January 1, 2013. This would compromise the availability of best selling hiking, fishing and trail running footwear and would have a detrimental impact on the 2013 retail season.”
Further details are available on the OIA's website.