UNDATED (WOOD) — Wolverine Worldwide is among a collection of American shoe companies asking the Trump administration to drop a proposed tariff.
In a letter dated Monday, the Footwear Distributors and Retailers of America says the 25% tariff on footwear “would be catastrophic for our consumers, our customers and the American economy as a whole.”
>>PDF: FDRA letter
The letter points out that the cost of tariffs is passed on to customers and that a tariff on shoes specifically would “impact every type of shoe and every single segment of our society,” especially working-class families. It says the cost to consumers would be $7 billion annually.
In addition to Rockford-based Wolverine, the letter was signed by a slew of shoe companies including big names like Nike, Adidas, Converse, Puma, Skechers and Ugg.
The companies say the American shoe industry has increasingly not sourced from China but that change takes time.
“Your proposal to add tariffs on all imports from China is asking the American consumer to foot the bill. It is time to bring this trade war to an end,” the letter concludes.