The Newsroom

USFMA Supports Senator Collins-led Letter to U.S. Treasury

Tariff Deferment Providing Footwear Industry With Cash Flow Relief

Published Monday, May 11, 2020

Washington, D.C. – The United States Footwear Manufacturers Association or USFMA released the following statement in support of an effort by U.S. Senator Susan Collins (Maine): 

“Senator Susan Collins has long been an advocate for the domestic footwear industry, including as a leader in the effort to require the Department of Defense to issue Berry Amendment compliant footwear."

“In another act of leadership for the footwear manufacturing industry, Senator Collins has drafted a letter to Treasury Secretary Steven Mnuchin pressing for tariff relief for companies impacted by the coronavirus pandemic. Her letter comes as a response to the April 19 Executive Order providing the Treasury Secretary emergency authority and encouraging the temporary extension of deadlines for taxes, duties, and fees." 

“Senator Collins’ concern stems from the Customs and Border Protection taking too narrow of an approach in the implementation of the Order. Collins presses for providing more time for companies to file for deferment, a sliding scale model for sales decline and deferral, extending duty relief beyond April, and expanding the Executive Order to include merchandise subject to Section 301, 232, and 201 tariffs."

“USFMA strongly supports this position and emphatically urges other Senators to sign onto the letter, a draft of which is attached below.”

 

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The United States Footwear Manufacturers Association (USFMA) is a nonprofit 501(c)(6) association founded in 1986 to protect and enhance the footwear industry’s manufacturing base in the United States.   USFMA members include both domestic footwear manufacturers as well as domestic suppliers.