Anthony (Tony) Cambas, LCB, CCS, CGBP’s Post

Attention Footwear Importers: Upcoming Tariff Changes Could Impact Your Business! As global trade dynamics continue to evolve, footwear importers must stay informed about regulatory changes that could significantly affect their operations. A recent proposal has emerged regarding the imposition of tariffs on various footwear products, and the deadline for public comment is fast approaching. Stakeholders have until November 28, 2024, to voice their opinions on this tariff application. If implemented, these tariffs could increase costs for importers and potentially disrupt existing supply chains. Here’s what you need to know: ### Understanding the Tariff Proposal The proposed tariffs are designed to protect local manufacturers and stimulate domestic production. While the intention may be to bolster local economies, it’s important for importers to assess how these changes could impact their pricing structures, profit margins, and overall business strategy. ### Implications for Importers 1. **Cost Increases**: Should the tariffs be approved, importers may face higher costs, which could be passed on to consumers. This may result in reduced competitiveness, especially if alternative footwear options are available at lower price points. 2. **Supply Chain Disruptions**: The financial burden of new tariffs may affect supply chain dynamics. Importers might need to reassess their sourcing strategies and consider alternative markets or manufacturers to mitigate impacts. 3. **Market Trends**: Understanding consumer behavior is crucial. Tariff-induced price increases may discourage purchases, influencing overall sales volumes in the footwear segment. ### What You Can Do - **Stay Informed**: Keep a close eye on developments related to this tariff application. Engaging with industry associations and forums can provide insights and updates on the situation.    - **Voice Your Opinion**: Consider submitting comments to the relevant authorities by the November 28 deadline. Your feedback as an importer is vital in shaping the outcome of this proposal. - **Adjust Strategies**: Begin evaluating your supply chain and pricing strategies now to prepare for potential changes. Diversification of suppliers or even exploring local manufacturing options could be prudent. ### Conclusion As the deadline for public comment nears, it is crucial for footwear importers to take proactive measures. Understanding the implications of these potential tariffs can help you navigate the changing landscape and safeguard your business interests. Engaging with the industry, staying informed, and strategically adapting to potential changes will position your business for resilience in the face of regulatory shifts. Contact us for a consultation on these tariffs! #FootwearIndustry #Importers #Tariffs #SupplyChain #TradeRegulations #BusinessStrategy

Apparel and footwear brands, many of which rely on China for manufacturing, are scrambling to reduce their reliance on Chinese imports in anticipation of higher tariffs under the second Donald Trump administration. 𝗟𝗼𝗴𝗳𝗿𝗲𝘁 𝗧𝗿𝗮𝗱𝗲𝗦𝗶𝗴𝗵𝘁𝘀 - How apparel & footwear brands are preparing for possible Trump tariffs on China (Supply Chain Dive) 📧📞 #𝐋𝐎𝐆𝐅𝐑𝐄𝐓, the Global DIGITAL logistics company is here for you! Contact us now! 👉 https://lnkd.in/gQ9C3riU #NEOLink #logfret #supplychain #logistics #shipping #supplychainmanagement #freight #transportation #digital #freightforwarding #cargo #airfreight #transport #seafreight #export #import #projectsuccess #projectsolutions #projectlogistics #projectmanagment #projectforwarding #projectcargo

How apparel & footwear brands are preparing for possible Trump tariffs on China. Apparel and footwear brands, many of which rely on China for manufacturing, are scrambling to reduce their reliance on Chinese imports in anticipation of higher tariffs under the second Trump administration. https://lnkd.in/gQ9C3riU

👟 Navigating New Tariffs: U.S. Footwear Industry Faces Uncertain Future   In a recent development that could significantly impact the footwear industry, concerns have been raised about the possibility of new U.S. tariffs. Matt Priest, President and CEO of the Footwear Distributors and Retailers of America (FDRA) voiced these concerns during a media briefing with the Port of Los Angeles Executive Director, Eugene Seroka.   The article highlights the industry’s reliance on imports, with 90% of U.S. footwear sales coming from China, Vietnam, and Indonesia. The potential imposition of new tariffs has importers on edge, as it could lead to increased costs for consumers and disrupt the current trade dynamics.   At John S. James Co., we understand the complexities of international trade and the challenges our clients face with changing regulations. Our expertise as a U.S. Customs Broker and Freight Forwarder positions us to offer comprehensive services that can help navigate these uncertain times. From customs brokerage to freight forwarding and logistics services, we are equipped to manage the intricacies of international shipping and regulatory compliance.   We invite you to explore how our services can support your business in the face of potential new tariffs. Visit us at johnsjames.com to learn more about our full catalog of services and how we can assist you in adapting to the evolving landscape of international trade.   #FootwearIndustry #USTariffs #InternationalTrade #CustomsBrokerage #FreightForwarding #Logistics #China #Vietnam #Indonesia #PortOfLosAngeles #JohnSJamesCo #NavigateWithConfidence

More footwear companies are coming to terms with how new tariffs might impact an industry that is heavily reliant on imports from foreign countries.

🚨 New Tariffs Impacting Mexico Shipments—What It Means for Apparel, Footwear, and E-Commerce Brands 👕👟📦 Recent developments in Mexico's trade policies are set to impact brands in the apparel, footwear, and e-commerce sectors. Effective December 20, 2024, Mexico has increased tariffs on numerous textile products, with duties on finished goods rising from 20-25% to 35%, and those on raw materials and components increasing from 10% to 15%. Additionally, restrictions have been imposed on temporary imports of textiles under the IMMEX program, affecting the duty-free importation of goods intended for manufacturing and subsequent export. These changes aim to protect Mexico's domestic textile industry but pose challenges for international brands relying on Mexican facilities for manufacturing or distribution. The increased tariffs and import restrictions could lead to higher operational costs and supply chain disruptions, particularly for brands utilizing Mexico as a hub for U.S. distribution. At Bergen Logistics, we understand the complexities these regulatory shifts introduce. Our expertise in global logistics and fulfillment positions us to assist brands in diversifying their supply chains, optimizing inventory management, and streamlining distribution strategies to minimize disruptions and maintain profitability amidst these changes. If your brand or clients are facing challenges due to these recent policy changes and you'd like to explore how Bergen Logistics can support your operations, please feel free to reach out. Let's discuss tailored strategies to maintain efficiency and cost-effectiveness in your supply chain.

Donald Trump’s proposed tariffs, set to begin in January, could disrupt global supply chains and raise costs for consumers. Key plans include a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods. With 99% of U.S. footwear being imported, these tariffs may add $6.4 billion to $10.7 billion annually to shoe costs alone. Industry leaders warn of inflationary impacts and higher prices for essential goods, highlighting potential challenges for businesses and families alike. #Trade #Tariffs #FootwearIndustry #GlobalEconomy

Four significant US trade bodies oppose tariff hike idea for Bangladeshi and four other countries' garments imports, as per reports. American Apparel & Footwear Association (AAFA) National Retail Federation United States Fashion Industry Association #ApparelIndustry #Bangladesh #Import #ApparelExporters #GarmentExporters #DailyNews #USA #ApparelResources

I just watched a $55M apparel brand's supply chain implode. Mexico's new tarrif changes everything... Firstly, my heart goes out to all the brands who are impacted by this. Business is hard enough and this is going to really hurt some of our favourite brands. FOR CONTEXT: Brands were shipping Chinese goods into Mexico under a zero tariff program, then driving parcels across the border into San Diego with 321. Under Section 321, anything under $800 retail value could enter the US duty-free. Here's what's happening now: THE CHANGE: - Mexico suspended 321 for apparel - New tariffs on all future apparel imports - Effective immediately - Impacts current shipments - Even hits containers on water - Runs through April 2026 (but forever) But here's what nobody's talking about: This isn't about timelines or temporary changes. This is about Mexico protecting their textile industry from Chinese imports that have been decimating their local manufacturing base for years. The writing has been on the wall, we just weren't reading it. THE REALITY: 1. Current Impact: - All apparel through Mexico = Now paying import duties - Existing containers = No exceptions - Current routes = Need immediate change to US or Canada 2. What Still Works: - Non-apparel 321 through Mexico - All 321 shipments through Canada (very similar program) - Standard import/export channels THE TRUTH: Nobody's waiting until 2026. The smart brands are already moving. The rest are about to pay a heavy price. Because here's what's coming: - Route capacity issues - Premium pricing for alternatives - Broker bottlenecks - Margin challenges What you need to do NOW: - Contact your customs broker - Review active shipments - Calculate new landed costs - Plan alternative routes - Consider Canada options We ship millions of parcels through 321 every year. Happy to introduce you to partners, answer questions, or help you utilize one of our US or Canadian warehouses. Questions? Drop them below.

Footwear manufacturing has yet to meaningfully reestablish itself in the United States. But the recent threat of new tariffs on foreign imports are pushing more American brands to consider staking out a supply chain outpost closer to home.