Fearing Trump tariffs, shoe maker Steve Madden plans to cut China sourcing
Trump has promised steep duties to promote U.S. production, including a 10 to 20 percent tariff on foreign-made goods and tariffs of 60 percent or more on goods from China. The campaign-trail proposals go beyond protectionist policies enacted during Trump’s first term, in which he imposed tariffs on more than $300 billion in Chinese goods.