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

China 2916 Cons. Discr. - Apparel 453 Quote Watch 449 Tariffs 1771 U.S. 5242 Vietnam 345

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...

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