Tariff Reduction Initiatives
Footwear tariffs are the largest inhibitor of design innovation and profit for the footwear industry. These regressive and prohibitive duties were established in the 1930s and average over 11% compared to just 1.3% for all consumer goods, and can can reach as high as an astonishing 67.5%. These duties raise costs on consumers and hinder U.S. footwear job creation…