US companies who outsource manufacturing have been through a strained few months as extreme tariffs have been proposed by American reality host turned president Donald Trump. Footwear was added onto the country’s list of imported products which would be heavily tariffed from China, prompting a massive backlash and a request to be excluded.
The likes of Nike, Puma, Reebok and Converse have joined over 170 footwear companies standing against the proposed 25 percent tariff on their products.
The group released a strong statement urging the United States government to withdraw the legislation. “Any increase in the cost of importing shoes has a direct impact on the American footwear consumer,” read the statement. “It is an unavoidable fact that as prices go up at the border due to transportation costs, labour rate increases, or additional duties, the consumer pays more for the product.”
The import cost change is predicted to increase the sector’s costs by USD 7 billion in a single year alone. According to the Footwear Distributors and Retailers of America, this cost would be picked up by the customer and ultimately be of inconvenience to them.
“On behalf of our hundreds of millions of footwear consumers and hundreds of thousands of employees, we ask that you immediately stop this action to increase tax burden… It is time to bring this trade war to an end.”