Trade Alert: U.S. Extends Trade Talks With China
Higher Costs on Outdoor Products on Hold
President Trump announced Sunday, February 24, that he will extend the deadline for the United States and China to resolve outstanding concerns about China’s intellectual property practices.
As a result, an additional 10 percent tariff that was imposed on certain outdoor products sourced from China, such as backpacks, sports bags, leather ski gloves, camp stoves, camp chairs, bikes and bicycle parts, will NOT rise to 25 percent on March 2 as announced last December. Another round of $267 billion in tariffs that would likely include outdoor apparel and footwear also remains on hold.
President Trump indicated that Chinese negotiators will return to Washington this week for additional discussions, and any final deal would be signed during a summit with President Xi of China. A date for that meeting has not been announced, but some report that the meeting could take place at the end of March at Mar-A-Lago.
OIA and outdoor companies have actively opposed any additional tariffs on outdoor products. OIA will continue to engage the administration and members of Congress in an effort to remove the 10 percent tariff on outdoor products and protect outdoor companies and consumers from these higher costs.
To that end, OIA recently joined “Americans for Free Trade,” a coalition of over 150 companies and associations organized to oppose additional tariffs on products sourced from China and dedicated to educating Congress and the administration about the impact of these taxes on U.S. companies and consumers. You can find the most recent letter the coalition sent to President Trump here. OIA will also work with the coalition to help our members engage the media to share their stories and spread the word about the impact of these tariffs on the industry.
In addition, OIA has organized a series of meetings on Capitol Hill and with the administration on March 5 in Washington, D.C., for a group of OIA members to discuss how tariffs raise costs for outdoor companies and harm innovation and job growth.
Please contact me at email@example.com with any questions and to learn more about how you can contact your representatives, share your story through the media and help OIA remove these tariffs on outdoor products. You can also register here to join us in Washington, D.C., on April 30 and May 1 for our annual Capitol Summit to highlight the impact of tariffs on your business and the $887 billion outdoor recreation economy.