19 Nov A Closer Look at How TPP Will Change Footwear Manufacturing
Posted at 09:45h in Home, Latest News
Though the text of TPP is now available online, it’s not that simple to digest the 5,500 page document. Matt Priest, president of the FDRA, explained the four main concepts the footwear industry needs to know.
Some shoe categories will not be duty-free on day one
The majority of footwear produced in TPP countries will be duty-free on day one; out of the 120 footwear classifications at the 8-digit level, 102 will be duty-free, and the other 18 lines will follow duty phase-out schedules. These shoes will include specific styles from the following categories: work boots, waterproof shoes, hip waders, leather boots, women’s pumps, cold weather boots, textile upper casual dress shoes and athletic shoes valued at over $12 per pair.