More than 200 footwear manufacturers and retailers, including Nike and Foot Locker, called on US President Donald Trump to cancel the proposed higher tariffs on Chinese imports that take effect next month. The companies signed a letter warning that the new tariffs could cost US consumers an additional $4 billion a year and increase the chances of an economic downturn. “Imposing tariffs in September on the majority of all footwear products from China — including nearly every type of leather shoe — will make it impossible for hardworking American individuals and families to escape the harm that comes from these tax increases,” the compan
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