Boulder, Colorado, Nov 19, 2012 -
OIA Calls on Outdoor Industry to Voice Support for Tariff Suspension Bills
Obama Administration’s Position Would Increase Industry Costs by 38 Percent
Outdoor
Industry Association® (OIA) issued an alert to the outdoor industry
that urgent action is needed to prevent devastating tariffs that would
result in cost increases as high as 38 percent starting Jan. 1, 2013.
The
Obama Administration announced late Friday that it 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.
One
of the most critical and successful trade tools supporting the outdoor
industry, the miscellaneous tariff bill (MTB) has allowed the industry
to redirect more than $30 million in cost savings towards new American
jobs, investments in innovation and lower prices for American families —
while contributing to the health of the outdoor recreation economy.
Outdoor recreation is a large and growing economic driver in the United
States, 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 percent on Jan. 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.
The footwear category represents more than 30 percent of
all outdoor specialty retail sales, so the consequences of increased
tariffs would reverberate throughout the industry. It is vital that
Congress overturn the Administration's decision to ensure specialty
retailer and manufacturer profits are not harmed.
OIA urges all
outdoor companies to quickly contact key members of Congress to fight
off this financially devastating decision. Please go to
outdoorindustry.org/IndustryAtRisk to access materials (e.g.,
background, talking points, sample letters, etc.) you need to lend your
voice to this effort. Congress will decide over the next two days, so
it's urgent that you act immediately.
If you have any questions, please contact Alex Boian, OIA's director of trade policy at aboian@outdoorindustry.org or 303.327.3509.
About Outdoor Industry Association
Based
in Boulder, Colo., with offices in Washington, D.C., Outdoor Industry
Association (OIA) is the leading trade association for the outdoor
industry and the title sponsor of Outdoor Retailer. OIA supports the
growth and success of more than 4,000 manufacturers, distributors,
suppliers, sales representatives and retailers of outdoor recreation
apparel, footwear, equipment and services. For more information, go to outdoorindustry.org or call 303.444.3353.
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