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AEC urges Spanish government caution over trade tariffs

The U.S has recently announced that it would apply a tariff increase of 25% on goods from Italy, Spain, Austria, the UK, Turkey and India. On May 2, the country postponed the decision of the possible increase in tariffs on footwear and other products from European countries. The Footwear Components from Spain Association (AEC) has urged its government to “apply a principle of prudence and not rush into negotiations”.


UK announces new Global Tariff regime

The UK government has announced the new UK Global Tariff (UKGT) regime to be applied on products imported into the UK from January 1, 2021, once the Brexit transition process comes to end. Leather UK said it has lobbied on behalf of the national leather industry to have all import tariffs for leather removed.


Changing supply chains in the leather industry

China has just instructed all its government organisations not only to buy Chinese software and computers, but to remove foreign ones. It is one of the clearest signs yet that the tariff battles initiated by the U.S. are set to leave a legacy long after any change in administrations in both or either countries.