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Good News for French Handbags: US Suspends $1.3B in Tariffs

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

The U.S. Trade Representative (USTR) said Thursday that it would suspend the tariff action stemming from a probe of France’s digital services tax. The tariffs on $1.3 billion of French goods were slated to go into effect on Jan. 6. The U.S. in July formalized duty actions following a dispute with France after it implemented…

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