The Footwear Distributors & Retailers of America (FDRA), alongside 76 major brands including Nike, Adidas, Under Armour, Skechers, and VF Corp, has urged President Donald Trump to exclude footwear from newly imposed reciprocal tariffs. In a letter dated April 29, the group warned that these sweeping tariffs pose a serious risk to the U.S. footwear industry, already burdened by high import duties—sometimes exceeding 37.5%, particularly on children’s shoes.
The appeal comes after the Trump administration’s aggressive trade measures earlier this April, which included imposing tariffs of up to 145% on Chinese imports. This escalation in trade tensions has led to market uncertainty, with companies like Adidas and Skechers refraining from issuing updated 2025 financial forecasts, citing unpredictability in U.S. trade policy.
The FDRA stressed that the added cost pressures from new tariffs could force hundreds of American footwear businesses to shut down, threatening both companies and consumers. The letter stated that "families face an existential threat from such substantial cost increases," calling for a more strategic and targeted tariff approach that avoids penalizing basic consumer goods.
While Beijing has signaled a willingness to engage in talks, tensions remain high, and the future of U.S.-China trade relations continues to cast a shadow over the retail sector. The footwear industry is now anxiously awaiting any policy shifts that could offer relief from these steep tariffs and safeguard American jobs and businesses.
This development highlights the growing concern among U.S. retailers over protectionist trade measures and their potential to disrupt supply chains, increase consumer prices, and stifle economic growth in one of the country’s most competitive retail segments.


Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio
OpenAI Explores Massive Funding Round at $750 Billion Valuation
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
Robinhood Expands Sports Event Contracts With Player Performance Wagers
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 



