China
International exhibitions in Asia strengthen industry links
From China to Vietnam, the industry spotlight was on innovation, sourcing and design as leading trade fairs hosted global brands, suppliers and buyers seeking to reinforce connections across markets
US-China tariff truce extended by 90 days
US President Donald Trump has signed an executive order delaying the introduction of higher tariffs on Chinese goods by a further 90 days, while negotiations between the two countries continue
2025 UITIC Congress set to launch in one month
The countdown has begun. The next edition of the UITIC International Technical Footwear Congress is returning to China for the second time, taking place in Shanghai from the 31st of August to the 3rd of September
AI takes centre stage at the upcoming UITIC Congress
Taking place in Shanghai, the upcoming UITIC Congress comprises a series of four thematic sessions that engage with the main topic of ‘competitiveness and sustainability in the era of artificial intelligence’
Early Bird Registration for the UITIC Congress 2025 extended
The deadline for early bird registration for the next UITIC Congress, to be held in Shanghai from the 31st of August to the 3rd of September, has been extended until the 1st of July
US and China strike preliminary trade deal
The United States and China have reached a framework agreement on a trade deal that eases global trade tensions. However, the final terms have yet to be formally agreed upon by both governments
US strikes deal with UK, cuts China tariffs for 90 days
The US will reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free. It will also lower tariffs on Chinese goods from 145% to 30% for 90 days.
What’s next for footwear businesses in a volatile global trade landscape?
We have looked at the prospects for footwear companies in light of the recent US tariffs announcements, highlighting some concerns from both a manufacturing and retail perspective
China hits back with 125% tariffs on US goods
China has retaliated against Donald Trump’s latest round on tariffs by raising duties on all US goods to 125% and dismissing the administration’s actions as a “joke”
Trump suspends tariff hikes for 90 days, but escalates trade war with China
On Wednesday, US President Donald Trump announced a 90-day pause on all “reciprocal” tariffs, with the exception of China. Tariffs on Chinese goods will rise to 125%
China retaliates with an additional 50% as the US raises tariffs on Chinese goods to 104%
The trade war between China and the US has escalated after Donald Trump’s move to impose 104% tariffs on Chinese goods. Beijing has retaliated with an additional 50%, bringing the total tariff to 84%
US-China tensions escalate over tariff hikes
Donald Trump has threatened China with an additional 50% tariff on goods imported into the US unless the Asian country withdraws its 34% counter-tariff
Global footwear trade in 2024: China exports slow, US and Germany rebound in imports
China remained the top footwear exporter in 2024, with exports increasing in volume but decreasing in value. Meanwhile, Vietnam and Indonesia consolidated their positions with double-digit export growth. On the import side, the US and Germany reversed their import declines in 2023, which suggests a resurgence in global demand
Strong full year performance for 361 Degrees
The China-based activewear company has reported a strong performance for the full year 2024, with revenue and profits up by 19.6% and 19.5% respectively on the previous year
Shein seeks to reassure investors amid US policy changes
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule-
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Footwear Consumer 2030
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