Footwear Tariffs on Track for $5 Billion, FDRA Says
The Footwear Distributors and Retailers of America estimates that its industry will face a $2 billion increase in import duties this year due to the tariffs introduced by the Trump Administration since April. About 99% of all footwear sold here is imported, amounting to nearly two and a half billion pairs of shoes a year, or seven pairs of shoes for every single person in the U.S. Importing ... Log in to view full article.