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Tariff on shoes would be catastrophic: Nike and Adidas said to Trump

Nike, Adidas, Foot Locker and many other sneaker brands and retailer have told US president Trump that tariffs on imported shoes from China would be catastrophic for the consumers in America. More than 170 footwear companies have written a letter to Trump and posted it on the website for the footwear distributors and retailers in America. Earlier this month, Trump has imposed a 25% tariffs on shoes coming from China.