Tariffs on Chinese imports are poised to squeeze U.S.-based shoe companies. China is the largest manufacturer of shoes to the ...
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Footwear News on MSNFDRA's Matt Priest Says Trump's Additional 10% Tariff on China Would Be ‘Catastrophic' for Some Shoe CompaniesAn already anxious footwear industry is reeling after President Donald Trump's revelation on Thursday that he would hike China tariffs again. Trump said he planned to implement an additional 10 ...
China has also spent years adapting to tariffs from Trump's first term. Some Chinese manufacturers have moved factories out ...
Goods from China face at least a 20% tariff, while imports from Mexico and Canada are being hit with a 25% levy.
The newly-implemented tariffs on Mexico, Canada and China could lead to higher prices on many goods imported into the U.S.
A shoe store in Mount Pleasant, Wisc. China accounts for about 58% of U.S. footwear imports. (Mark Hertzberg/Zuma Press) Tariffs on Chinese imports are poised to squeeze U.S.-based shoe companies.
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