Snowsports industry argues for tariff suspension
07/08/2013
The Miscellaneous Tariff Bill (MTB) suspends import tariffs on product categories that have little or no domestic manufacturing. Over the past decade, the tariff suspension on boots with textile uppers has saved snow sports consumers and suppliers millions of dollars, said the SIA. The proposed tariff suspension for ski poles would eliminate the current 2.8% tariff.
“SIA and its members will continue to communicate to legislators about the chilling effect high import duties have on the U.S. snow sports market,” the organisation said in statement. “These tariffs result in higher prices and fewer sales, effectively penalizing consumers who do not have an option to buy domestically manufactured boots or poles. SIA will continue to work on Capitol Hill to ensure that the MTB is passed into law quickly.”
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