The Hill
JUST IN: Adidas, Footlocker are among more than 200 footwear companies urging President Trump to cancel tariff hikes on Chinese imports slated to soon take effect in his administration's escalating trade war with the country, warning the tariffs "will make it impossible for hardworking American individuals and families to escape the harm that comes from these tax increases."
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Over 200 footwear companies call on Trump to cancel tariffs
“There is no doubt that tariffs act as hidden taxes paid by American individuals and families. When import costs rise and fall on imported footwear – whether based on the price of materials, transportation, labor, or tariffs – those cost increases or savings are almost immediately passed on to...