New Era to Fight Tariffs Which Have Forced Tough Decisions for Longtime Western New York Based Company

In September, Congressman Brian Higgins (NY-26) spoke on the Floor of the House of Representatives concerned that tariffs imposed by the Administration could cost consumers and local jobs at companies like New Era Cap Company, headquarted in Buffalo, New York.  Two months later that possibility became a reality as New Era announced plans to close its Western New York manufacturing plant in Derby, impacting 219 local workers.

In a letter to New Era leadership, Congressman Higgins, a member of the House Ways and Means Subcommittee on Trade, is pledging to work with New Era to advocate for relief of the tariffs which has a great impact on costs associated with production of the headwear assembled at the local manufacturing facility in Western New York.

In formal comments submitted to U.S. Trade Representative Robert Lighthizer in August in response to the Administration’s proposed tariffs, New Era wrote in part: “The proposed 25% ad valorem on our finished headwear products coming out of China will impose near-crippling additional costs and threaten our ability to compete and grow our business.” The company’s public comments went on to say: “If the tariffs on headwear go into effect, the new costs will force us to make immediate and significant cuts to our US operations, including workforce reductions.” 

Following conversations with New Era leadership related to the tariff notice, in September Higgins also wrote to Ambassador Lighthizer concerned that the proposed Section 310 Tariffs on headwear could jeopardize New Era’s ability to compete, grow and continue investment in Western New York.

The Administration announced a 10% tariff on a list of goods, including headwear components, which went into effect September 24, 2018.  That tariff is scheduled to increase to 25% January 1, 2019.

Panorama Hispano is the regional news and information newspaper for Hispanic and other diverse communities.

US Hispanics are now the largest ethnic minority in the United States numbering 54.2 million as of July 2014. Serving: Buffalo, Rochester, Fredonia, Niagara Falls, NY and Erie, PA. Outside our Market area: Visit our affiliate at: http://www.impremedia.com/

Contact us: Contact@PanoramaHispanoNews.com

Featured News

Jul 17, 2024
After reshaping Las Vegas, The Mirage to be reinvented as part of a massive Hard Rock makeover

LAS VEGAS (AP) — The Mirage is about to vanish from the Las Vegas Strip. Gambling ends and the doors […]

Read More
Jul 17, 2024
First Barge Carrying Iconic Ralph Wilson Park Bridge Completes Historic Journey to Buffalo on Quintessential Day

Buffalo, N.Y. – The first barge carrying the Ralph Wilson Park Bridge completed the final leg of an exciting and […]

Read More
Jul 16, 2024
Amazon Prime Day is a big event for scammers, experts warn

NEW YORK (AP) — Amazon Prime Day is here, and experts are reminding consumers to be wary of scams. Deceptions […]

Read More

popular categories

Featured (5,127)
Mundo Latino (2,025)
Locales / Regional (1,121)
Buffalo (2,050)
Dunkirk (1,616)
Rochester (1,595)
PA (1,196)
Negocios / Tecnología (996)
Tecnología y Science (202)
Salud (556)
Deportes (853)
Entretenimiento (758)
Extras (421)
Movies (211)
Viajes, Vida y Estilo (687)
Copyright © 2024 Panorama Hispano News. All Rights Reserved.
crossmenuchevron-downmenu-circlecross-circle
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram