Ending Trump tariffs on footwear, Americans paid 3.4 billion dollars more for shoes in 2021
12 days ago - By Fashion United
Image: Rubirosa footwear, courtesy of the brand
America's retailers are hoping to turn back the Trump administration's ruling additional tariffs on Chinese goods under Section 301 of the Trade Act, as prices continue to soar due to inflation.
Earlier this year the Footwear Distributors & Retailers of America sent an open letter for the Biden government to lift the restrictive tariffs, which results in higher prices in some categories, such as shoes.
Americans paid 3.4bn dollars more for shoes in 2021
America imports 99 percent of its shoes from abroad, paying 3.4 billion dollars in tariffs...
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