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Challenges >> d we\'re still going to feel pain at our company. Newtopic | Reply
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yaya2017
Inscrit le 29-05-2018
Posté le 25-06-2019 03:15

Nike, Adidas and other shoe brands told President Trump that proposed tariffs China imports would have a \"catastrophic\" effect on Americans. This is the latest in the escalating trade war with Nike Air Vapormax DamenChina.The trade war with China has Nike Roshe Run Womens brought together competitors from one industry. More than 170 shoe companies have united against President Trump\'s threat to expand higher www.verdeypaisaje.es tariffs to nearly everything imported from China. The brands, including Nike, Adidas and Under Armour, say the new costs would be, quote, \"catastrophic\" Nike Air Max 720 Damen not only for them but for shoppers and the U.S. economy. NPR\'s Alina Selyukh Nike Air Max 2017 Dames reports.ALINA SELYUKH, BYLINE: If you\'re obsessed about shoes or have a sneaker habit, you might want to start Nike Air Max 1 Dam saving now. Shoemakers and sellers like Nike, Adidas, Puma, Skechers, Ugg, Footlocker, Converse - they\'re all warning that a Nike Air Presto Mujer new 25% tariff on Chinese imports would have an immediate and long-lasting impact on American shoe buyers.

ED ROSENFELD: Prices to consumers, certainly on some products, could be going up anywhere from 10 to 20%.SELYUKH: Ed Rosenfeld is the Nike Air Max 270 Mujer chairman and CEO of Steve Madden, which has already faced a new 10% tariff Nike Air Max 2017 Damen on handbags imported from China. That\'s now going up to 25%. Next, the Adidas ZX 750 Dames White House has proposed the same 25% tax on virtually all Chinese imports, including toys, clothes and shoes. There are ways companies can mitigate Nike Air Max 95 Dames this new cost. One, move production out of China. Two, negotiate discounts from Chinese vendors or, three, raise prices.ROSENFELD: We\'re going to have to do all three of those things.Adidas NMD Womens And we\'re still going to feel pain at our company. And hopefully, we\'ll be able to avoid letting people go because that\'s Adidas Superstar Dames another potential impact here.www.pretoralarm.se

SELYUKH: The cost hits American companies because it\'s the importer that pays the tariff. And almost all shoes sold in America are made overseas.CLIFF SIFFORD: Today the shoe business already pays the highest tariffs Nike Air Max 90 Mujer in the apparel business.SELYUKH: Cliff Sifford is the president and CEO of Shoe Carnival, a footwear retail chain that imports almost 98% of its Adidas ZX 850 Femmenon-athletic shoes from China. His athletic footwear comes mainly from Vietnam - the rest, again, from China. Like Steve Madden, many Nike Air Max 1 Womens shoe makers have already been shifting some manufacturing out of China, Nike Air Max 270 Dámské but it\'s an expensive process. Few of them can afford to move it to the U.S. because of the costs of materials, factories and labor.
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