NEW YORK — Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for President-elect Donald Trump’s pledge to slap steep and sweeping tariffs on imports from other countries. But this time, he has gone much further and has proposed a 60% tariff on goods from …
CNN — President-elect Donald Trump has promised steep across-the-board tariffs on imports to the United States, with a particularly significant tax on goods coming from China. Steve Madden, a $3 billion shoe company, announced Thursday that it would rapidly halve its Chinese production to avoid Trump’s tariffs. And you should expect to see the percentage of goods that we sourced …