International Trade
Technical footwear drives Portuguese industry in foreign markets
Technical footwear is emerging as a key driver of Portugal’s footwear exports. This has helped the industry to maintain growth in 2025, despite a downturn affecting several major producing countries
Trump’s trade halt threat raises concerns for the Spanish footwear industry
Amid heightened international tensions, the Spanish Footwear Industry Federation (FICE) has expressed concern following Trump’s threat to halt trade with Spain over military base access
Italian footwear industry signals potential turnaround despite 2025 turnover decline
Preliminary figures released by Assocalzaturifici show signs of stabilisation in the Italian footwear sector, despite a 2.8% year-on-year decline in full-year 2025 turnover
German footwear manufacturers achieve modest sales growth in 2025
Sales by German footwear manufacturers rose by 3.2% year-on-year in 2025, according to the German Federal Association of the Footwear and Leather Goods Industry (HDS/L)
New 10% tariff introduced by Trump takes effect
Despite a claim to introduce them at a higher rate, a new 10% global tariff on goods imported into the US announced by the White House is now in effect
US House votes to scrap Trump’s tariffs on Canada
In a rare bipartisan rebuke, the US House of Representatives voted to revoke President Donald Trump’s tariffs on Canadian goods, although this is largely a symbolic gesture
Import growth continues in Brazil’s footwear industry
Brazil’s footwear imports increased in January by 34.3% in volume and 31.2% in value year-on-year. This growth comes amid slowing domestic consumption and weakening national production
Portuguese footwear exports resist international downturn in 2025
Against a backdrop of global instability, the Portuguese footwear sector ended 2025 on a positive note, in contrast to the downward trend observed among the world’s leading producers
US and India reach deal to reduce tariffs to 18%
US President Donald Trump announced a trade deal with India, which will see tariffs on Indian goods cut from from 50% to 18%, linking the move to India halting Russian oil purchases and lowering trade barriers
EU and India conclude free trade agreement talks
India and the European Union have finalised a free trade agreement that will reduce tariffs on most goods. This is the largest deal of its kind ever concluded by either party
Trump backs down on Greenland tariff threat
The US has cancelled its threat to impose tariffs on eight European countries in an effort to push for US control of Greenland, following talks with NATO Secretary General Mark Rutte
Brazilian exports end 2025 on stable ground as imports continue to rise
Despite the negative impact of US tariffs on Brazilian footwear exports, the industry ended 2025 broadly stable, according to Abicalçados. Meanwhile, imports continue to rise
US threatens tariff hikes on eight European countries over Greenland dispute
President Donald Trump announced that the US plans to impose additional tariffs on imports from eight European countries, citing a dispute over Greenland as the reason
Majority of EU countries approve the Mercosur trade deal
A qualified majority of EU states have given the green light for the bloc to sign its largest free trade agreement with the South American bloc Mercosur, 25 years after negotiations began
Brazilian footwear exports decline in November amid rising imports
Brazilian footwear exports fell in November, with shipments to the US, its main market, continuing to decline while imports surged. The trade balance is being pressured by US tariffs and growing inflows from Asia-
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