Tariffs
What’s next for footwear businesses in a volatile global trade landscape?
We have looked at the prospects for footwear companies in light of the recent US tariffs announcements, highlighting some concerns from both a manufacturing and retail perspective
China hits back with 125% tariffs on US goods
China has retaliated against Donald Trump’s latest round on tariffs by raising duties on all US goods to 125% and dismissing the administration’s actions as a “joke”
Trump suspends tariff hikes for 90 days, but escalates trade war with China
On Wednesday, US President Donald Trump announced a 90-day pause on all “reciprocal” tariffs, with the exception of China. Tariffs on Chinese goods will rise to 125%
China retaliates with an additional 50% as the US raises tariffs on Chinese goods to 104%
The trade war between China and the US has escalated after Donald Trump’s move to impose 104% tariffs on Chinese goods. Beijing has retaliated with an additional 50%, bringing the total tariff to 84%
US-China tensions escalate over tariff hikes
Donald Trump has threatened China with an additional 50% tariff on goods imported into the US unless the Asian country withdraws its 34% counter-tariff
Retail and business organisations express concern over Trump’s new tariffs
Retail and business organisations from the US and around the world have voiced their concerns over President Donald Trump’s announcement of new tariffs. Read some of these reactions
New US tariffs disrupt global markets
The US administration has imposed a baseline tariff of 10% on all imports into the US, as well as higher targeted tariffs on some of the country’s largest trading partners
Concerns over tariffs weigh on US retail spending
Despite growing year-over-year, US retail spending fell on a monthly basis in February amid concerns over tariffs, according to the CNBC/NRF Retail Monitor
Matt Priest (FDRA) on Trump administration’s tariff policy: all of this has created a lot of uncertainty in our market
We bring you an interview with Matt Priest, CEO & President of the Footwear Distributors and Retailers of America (FDRA). The impact of the tariffs imposed on Mexico, Canada and China on US retailers, consumers and the country's economy dominated the conversation
Shein seeks to reassure investors amid US policy changes
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule
Canadian shoe manufacturers prepare for US tariffs
The Canadian footwear industry is collaborating with the government to address US tariffs, while businesses accelerate shipments and secure materials to minimise the impact of possible rising costs. We spoke with Denis Falardeau from the Shoe Manufacturers Association of Canada
US footwear industry voices concern over new tariffs from Trump administration
President Trump signed executive orders on Saturday to impose broad tariffs on products, including footwear, from the nation’s three largest trading partners, Canada, Mexico and China
US footwear prices rise amid economic uncertainty
Tariffs and inflation continue to shape US footwear pricing, as October data revealed mixed trends, with increased men's and children's footwear prices, while prices for women's shoes declined
Brazilian footwear industry eyes recovery despite growing trade pressures
The Brazilian footwear industry is expected to surpass pre-pandemic production levels in 2025. However, rising low-cost competition from imports poses challenges to local manufacturers- 1
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