U.S. President Donald Trump and China President Xi Jinping both got the trade deal they wanted, and it's one that could have ...
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Must Read: U.S.-China Trade Deal Could Reshape Shoe Supply Chains, Puig's Q3 Sales Rise
The new U.S.-China trade deal lowered the footwear tariff rate down to a range of 20% to 27%, compared to the temporary reciprocal rate of 30% and the original threat of 55%. Many footwear executives ...
Dozens of workers at a shoe factory in southern China’s Dongguan city glue, sew and buff foam slippers and canvas shoes. They punch every hole and lace every shoe by hand. “Every lacing is [done] ...
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