American tax news and archive

AAFA Veteran Stephen Lamar Laces up to lead the organization

The American Apparel & Footwear Association announced today that Rick Helfenbein will step down from his role as President and CEO on December 31, 2019. Current Executive Vice President Stephen Lamar will become the association’s President and CEO on January 1, 2020. "Rick Helfenbein has been a true friend and advocate for the apparel and...

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AAFA sets record straight regarding claims the administration is protecting American consumers this holiday

The American Apparel & Footwear Association today clarified that analysis of the Tranche 4A and 4B lists of products, which will be hit with an additional 10% tariff on September 1 and December 15, shows that: 77% of all apparel, footwear, and home textile products imported to the U.S. from China will be hit with an additional 10% tariff on...

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Apparel and footwear industry decries President's decision to move forward with unnecessary tax on American consumers

WASHINGTON, D.C. – August 1, 2019 – The apparel and footwear industry expressed its deep frustration following the announcement by President Donald J. Trump that he will direct his administration to impose a punitive 10% tariff on a list of $300 billion worth of U.S. imports from China beginning September 1. “Tariffs are taxes on American...