TPP Will Save Children's Footwear Consumers Millions
While back-to-school shopping is in full swing, I thought you might like to know Americans are paying almost $1 billion more for their children's shoes than needed. There is a 'hidden tax' on footwear thanks to a outdated law from the 1930s that unnecessarily raises the cost of your shoes. There is a new short report on this tax that you can read here: http://fdra.org/wp-content/uploads/2016/08/Special-Childrens-Footwear-Report-2016-FDRA.pdf The good news from the report is that the Trans-Pacific Partnership (TPP) would help American families save $4 billion on kids' shoes if it is passed. Like you, I've heard a lot from the presidential candidates about TPP - but like most of what they are saying their facts don't add up. If you feel moved like me after reading this report, and have just 30 seconds, you can click here and send your Representatives in Washington a letter educating them about how outdated laws need to be changed: http://fdra.org/action-view/?sl=tell-congress-there-are-4-billion-reasons-families-need-tpp
EVP, Client Service/Regulatory Affairs
7ySurprised that American Retailers haven’t lobbied hard as is the case in Canada with respect to deminimus changes (Sec 321). It’s only a matter of time before on-line fulfillment models don’t leverage Sec 321 better resulting in no duties (without TPP). http://www.retailcouncil.org/levelplayingfield https://www.linkedin.com/pulse/has-ebay-put-another-nail-retailers-coffin-alan-dewar https://www.linkedin.com/pulse/llbean-come-canada-we-have-supply-chain-opportunity-alan-dewar https://www.linkedin.com/pulse/usa-brokerage-free-section-321-me-alan-dewar
How would this be passed along to consumers? All this does is reduce the landed cost of the product.