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Steven Madden to exit China in anticipation of Trump tariffs
来源：https://www.shippingazette.com/ 编辑：编辑部 发布：2024/11/21 08:48:35
EXECUTIVES from shoe and fashion accessory brand Steven Madden said the company was working quickly to shift product sourcing out of China to other countries, reports Reuters.
US president-elect Donald Trump's intension to impose 60 per cent tariffs on China-made goods contributed to the decision.
Steven Madden executives said the company had already been working on a China exit and been considering factories in Cambodia, Vietnam, Mexico and Brazil.
"Just under half of our current business would be potentially subject to tariffs