07 Dec FDRA Applauds Trade War Ceasefire
The Footwear Distributors & Retailers of America (FDRA) applauded the move by the Trump administration to suspend new trade tariffs.
“The footwear industry welcomes the news that the U.S. will not pursue any new tariffs on Chinese goods while the two countries seek a negotiated outcome to this protracted trade war,” said Matt Priest, president and CEO of the FDRA. “Our companies know far too well the negative impact import duties have on American consumers and are grateful that additional tariffs have not been placed on footwear during the 301 process. That being said, we will continue to advocate on behalf of our industry, calling for the end of all 301 duties and, ultimately, the elimination of all $3 billion in footwear duties paid annually.”