In-depth – How the US tariffs will affect the shoe world
This week the Trump-administration in the US has stirred up a lot of uncertainties domestically and internationally with their new wave of proposed tariffs. In this article I go through how this will affect shoe industry, and also straighten out some common misconceptions. In short: American companies selling shoes made abroad will likely need to raise their prices, in some cases a lot, while private individuals buying shoes from abroad will still have no customs if price is below $800 and products aren’t from China or Hong Kong. For now.