Nike, Adidas and other footwear giants urge Trump to remove tariffs immediately and end trade war with China

//Nike, Adidas and other footwear giants urge Trump to remove tariffs immediately and end trade war with China

Nike, Adidas and other footwear giants urge Trump to remove tariffs immediately and end trade war with China

Nike, Adidas and other footwear giants urged US President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our consumers, our companies and the American economy as a whole”.In all, 173 companies signed an open letter to the president, dated Monday and posted on the Footwear Distribution and Retailers of America’s website. It was also sent to Treasury Secretary Steve Mnuchin, Commerce Secretary Wilbur Ross and National Economic Council…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-05-21T01:49:41+00:00 May 21st, 2019|Business|Comments Off on Nike, Adidas and other footwear giants urge Trump to remove tariffs immediately and end trade war with China