The Sports & Fitness Industry Association (SFIA) announced it had sent a letter to U.S. Trade Representative Tai and Treasury Secretary Yellen urging the Administration to relaunch trade talks with China and drop some of the Section 301 Tariffs.
It joined the U.S. Chamber of Commerce, The Business Roundtable, The National Retail Federation and other business groups on penning the letter.
“The Tariffs on Chinese imports were restricting commerce prior to COVID-19, and the impact has worsened during the pandemic,” said Tom Cove, president and CEO, SFIA. “The Tariffs have not had the desired effect as China continues to dominate the manufacturing marketplace. Dropping or reducing these tariffs now, will help the industry and the U.S. economy recover faster.”
The letter sent to the Administration can be found here.
