
Wenzhou Firms Navigate US-China Tariff Truce
Wenzhou’s footwear and electronics firms are leveraging a temporary US-China tariff halt to adapt strategies, diversify supply chains, and secure global markets.
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Wenzhou’s footwear and electronics firms are leveraging a temporary US-China tariff halt to adapt strategies, diversify supply chains, and secure global markets.
U.S. footwear leaders including Nike and Adidas urge President Trump to carve out shoes from new tariffs, warning that up to 37.5% duties could shutter hundreds of businesses.
Seventy-six U.S. footwear brands, led by the FDRA, have urged President Trump to exempt shoes from steep tariffs, warning of price spikes and business closures.
Vigurus CEO Brian Jamieson says the Chinese mainland remains the top destination for shoe production despite high US tariffs and policy unpredictability.
A Chinese footwear manufacturer in Addis Ababa has generated over 8,000 jobs in 12 years and plans to expand across East Africa, leveraging Ethiopia-China ties and BRICS membership.