FDRA says support is growing for footwear to have no special TPP treatment
25/11/2013
TPP is wide-ranging and covers many aspects of trade between Asian and American countries; a retention of footwear duties on imports from TPP signatories such as Vietnam is part of the initial proposal.
According to the FDRA, however, support is growing for footwear to receive the same treatment as many other items. In mid-November, it said that “three strong and clear letters” had come from influential members of the US Senate and Congress to support this idea.
“The media keeps writing stories about divisions in the footwear industry on TPP,” said FDRA President Matt Priest in a statement on November 22. “It may sell papers, but it is not accurate. Almost 100% of the entire US footwear industry supports a TPP agreement that eliminates duties from the Pacific Rim countries on day one. That includes a majority of the largest domestic footwear manufacturers like Wolverine Worldwide, H.H. Brown Shoe Company and LaCrosse Footwear who import most of the shoes they sell and could use savings from TPP duty eliminations to strengthen their domestic manufacturing jobs.”
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