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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 ...
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Footwear News on MSNShoe Sales Plunge as Inflation Fears Over Trump Tariffs Rise, FDRA SaysFootwear sales plunged 26.2 percent the week ending Feb. 22 compared to the same retail week in 2024, the FDRA reported.
Priest said that while reciprocal tariffs from China likely wouldn’t impact the footwear industry in a notable way given that the U.S. doesn’t export a high volume of shoes to the country, there’s ...
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