World Footwear

Tariffs

US Trade Court blocks most of Trump’s global tariffs

May 30, 2025 / United States
The Court of International Trade ruled that President Trump did not have the authority to impose blanket tariffs on imports from US trading partners. This voids most of the tariffs that sparked the latest global trade war

Trump threatens to impose a 50% tariff on EU goods

May 26, 2025 / United States
On Friday, US President Donald Trump used social media to threaten a 50% tariff on European Union (EU) imports from the 1st of June, reigniting fears of a trade war. After a weekend call, he agreed to delay it until the 9th of July

Keen committed to not raising prices in 2025

May 19, 2025 / United States
The outdoor footwear brand has announced that it will not be implementing any tariff-related price increases for the rest of 2025 in order to support its partners and customers during this period of uncertainty

Early signs of supply chain disruption from the recent trade war

May 15, 2025 / United States
Import cargo at major US container ports is expected to decline year-on-year for the first time in over a year and a half in May, as the effects of the trade war on the supply chain start to become apparent

US strikes deal with UK, cuts China tariffs for 90 days

May 12, 2025 / United States
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.

76 footwear brands urge Donald Trump to exempt shoes from tariffs

May 5, 2025 / United States
Nike, Skechers, Crocs, adidas, Puma, Caleres, VF Corp and Wolverine Worldwide are among the 76 companies that are urging the US administration to exempt footwear from the tariffs, fearing rising costs

Vietnam opens trade talks with the US over looming tariffs

Apr 25, 2025 / Vietnam
Vietnam and the US have formally opened talks over the Trump administration’s threat to impose a 46% tariff on goods from the Southeast Asian country, according to state media reports

What’s next for footwear businesses in a volatile global trade landscape?

Premium ContentApr 18, 2025 / United States
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

Apr 14, 2025 / China
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

Apr 10, 2025 / United States
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%

Apr 9, 2025 / China
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

Apr 8, 2025 / United States
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

Retail and business organisations express concern over Trump’s new tariffs

Apr 7, 2025 / United States
Retail and business organisations from the US and around the world have voiced their concerns over President Donald Trump’s announcement of new tariffs. Read some of these reactions

New US tariffs disrupt global markets

Apr 4, 2025 / United States
The US administration has imposed a baseline tariff of 10% on all imports into the US, as well as higher targeted tariffs on some of the country’s largest trading partners

Shein confirms IPO plans

Mar 20, 2025 / Singapore
The Singapore-based fast-fashion giant has confirmed it will press ahead with its IPO plans amid potential tariffs and an uncertain economic environment. London listing in the spotlight
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