Wednesday, March 21, 2018

Under Armour among footwear companies opposing Trump's plan for additional tariffs

Under Armour Inc. has joined a chorus of footwear companies and brands in urging President Donald Trump not to implement tariff increases that would impact the footwear industry. A trade war with China appears to be sparking after Trump recently imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports. Trump’s administration plans to unveil a $60 billion tariff package by the end of the week specifically targeting China, according to a Washington Post report. Footwear…



from https://www.bizjournals.com/baltimore/news/2018/03/21/under-armour-among-footwear-companies-opposing.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172106321962

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