The Footwear Industry’s Statement on President Trump’s Latest Tariff Comments

The Footwear Industry’s Statement on President Trump’s Latest Tariff Comments

The Footwear Industry’s Statement on President Trump’s Latest Tariff Comments:

“With the President’s announcement last night directing USTR to explore the potential for additional tariffs on $200 billion in Chinese goods, it’s very difficult to see how this doesn’t negatively impact all Americans of every walk of life, said said Footwear Distributors and Retailers of America (FDRA) President and CEO Matt Priest.  “The President claimed that trade wars are easy to win but what our industry has always known is coming true – trade wars are costly, unnecessary, and do harm to the American economy.  The footwear industry calls on the Trump Administration to show real leadership and declare a cease fire to this self-inflicted conflict.”
 
About FDRA: FDRA is the footwear industry’s voice in Washington. It represents and advocates for the entire industry from small family owned footwear businesses to global footwear companies. In all, it supports over 130 companies and 200 brands, or 80% of total U.S. footwear sales, making it America’s largest and most respected footwear trade association.