Footwear Duties Continue to Skyrocket, Tariff Elimination Legislation Necessary, Says FDRA in Report
U.S. import duties on children’s footwear continue to increase, building off a 53 percent rise since 2010, said the Footwear Distributors and Retailers of America (FDRA) in a report released on May 2. The Affordable Footwear Act would counteract skyrocketing…
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costs to American importers and consumers by eliminating $800 million in duties for lower-priced children’s footwear, along with outdoor and some athletic shoes, said FDRA. A bipartisan group of senators reintroduced the legislation in 2013, and Finance Committee Chairman Ron Wyden, D-Ore., recently expressed support (see 14040919).