Tariff Quote Watch: Deckers, Wolverine Show Signs of Stockpiling Ahead of Shoe Tariffs — Panjiva
MENU

Panjiva_research_logo

Tariff Quote Watch: Deckers, Wolverine Show Signs of Stockpiling Ahead of Shoe Tariffs

China 2162 Cons. Discr. - Apparel 287 Tariff Quote Watch 189 Tariffs 1489 U.S. 3924 Vietnam 228

The Footwear Distributors and Retailer of America association has criticized the Trump administration’s application of tariffs at a 15% rate on imports of footwear from China from Sept. 1. The FDRA estimated that they could lead to a potential $4 billion annual cost for consumers. As well as price rises, importers may already be switching supplies to other countries. China accounted for 51.7% of U.S. footwear imports in the 12 months to Jun. 30, down from 62.8% in 2015 as imports from Vietnam increased. Major importers have shown signs of stockpiling in July, likely due to an earlier fai...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2020 S&P Global. All Rights Reserved.