World Footwear

Trade War

US-China trade war is already impacting the industry

Aug 19, 2019 / World Footwear Yearbook
The year 2018 was marked by positive dynamics, but the US-China trade war is already impacting the numbers. More information about the Footwear Industry in 2018 is available within the World Footwear Yearbook 2019

Tariffs on footwear delayed to December

Aug 14, 2019 / United States
The US-China trade war has a new chapter. After Mr Trump announced added tariffs of 10% on the remaining 300 billion US dollars in goods from China, now their application on certain footwear items is delayed to December

Weyco with mixed quarter results

Aug 9, 2019 / United States
The Wilwaukee-based group announced financial results for the quarter ended on the 30th of June 2019. Net sales for the period down by 1%

Vietnam is already taking advantage of the US-China trade war

Aug 5, 2019 / Vietnam
As the trade war between the two countries enters a new chapter, the worldfootwear.com spoke to Nguyen Duc Thuan, Chairman of Lefaso, the Vietnamese footwear association, to discuss this and other hot topics of the industry

President Trump announces more tariffs

Aug 2, 2019 / United States
The announcement was via Twitter yesterday: the US will impose added tariffs of 10% on the remaining 300 billion US dollars in goods from China. This decision can likely include all footwear from China

China's GDP growth slows to 27-years low

Jul 24, 2019 / China
The economic growth of the Asian giant slowed to 6.2% in the second quarter of the fiscal year, reflecting the weakest pace in the last decades. The US-China trade war is starting to pressure economic growth, analysts say

The treaty with the greatest global impact

Jul 9, 2019 / World
The Treaty of Tordesillas was signed 5 centuries ago, in the Spanish city with the same name and divided the world - discovered and undiscovered - in two parts, giving the exploitation rights to Portugal and Spain

US-China Trade war: new tariffs on hold

Jul 1, 2019 / China
President Trump and President Xi agreed Saturday to hold off on imposing new tariffs and continue trade negotiations, after meeting on the occasion of the G-20 Summit in Osaka

US China meeting to take place this weekend

Jun 28, 2019 / United States
President Trump and President Xi are expected to meet this Saturday in Osaka (Japan) during the G-20 Summit and the international trade topic is hot on the agenda

India increases tariffs on US goods

Jun 18, 2019 / India
India has imposed higher customs duties on a range of goods coming from the US, effective from last Sunday. This comes as a response to similar measures taken by the US

Crocs to reduce sourcing from China

Jun 14, 2019 / United States
The footwear company known for the iconic clogs says the amount of US products sourced from China will be below 10% for 2020. Currently, Crocs imports 30% of its US product from China

Footwear industry leaders joined forces against tariffs

Jun 5, 2019 / United States
Last week, the leaders of 5 industry associations in the US signed a letter addressed to President Trump, opposing the proposed tariffs on shoes and other accessories coming from China

200 shoe companies send Mr Trump a letter

May 22, 2019 / United States
US-based footwear companies have signed a letter urging President Donald Trump to remove footwear from his latest tranche of tariffs to be applied to Chinese-made products

The new chapter of the US-China trade war

Premium ContentMay 14, 2019 / United States
President Trump announced and applied increases on the China tariff rates on List 3 (200 billion US dollars in Chinese-made goods) from 10% to 25%. Remaining goods, including footwear, could be hit with tariffs shortly as a new list was announced

Industry reacts to President Trump’s tariff comments

Jun 20, 2018 / United States
The FDRA - Footwear Distributors and Retailers of America has issued a statement in the name of the US-footwear industry in response to President Trump’s latest tariff comments
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