AAFA Asks for Tariff Relief to Fight Inflation
American Apparel and Footwear Association CEO Steve Lamar said that the White House should "provide broad and immediate tariff relief," given that the price of clothing rose 5% and footwear rose 4.7% in the last 12 months. Both are slower…
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than the overall rate of inflation, which was 6.8%. "This is a direct result of unnecessary tariffs and the worsening shipping crisis,” Lamar said Dec. 10. AAFA applauded the House's passing the Ocean Shipping Reform Act, but said the administration still should work on immediate actions to unsnarl congestion in the shipping system.