HANOI/JAKARTA (Bloomberg): A trade association representing footwear producers has asked the Trump administration to consider tariff exemptions for its products, saying the levies will drive up the cost of shoes in the US and cause businesses to shutter.
In the letter dated April 29, the Footwear Distributors and Retailers of America called on President Donald Trump to reconsider his tariffs, arguing they’re an "existential threat” for the industry.
