Steve Madden to cut goods imported from China by up to 45% as it prepares for Trump's tariff pledge


Steve Madden to cut goods imported from China by up to 45% as it prepares for Trump's tariff pledge

The National Retail Federation, the nation's largest retail trade group, has been critical of Trump's proposal and said last week that proposed tariffs on six product categories alone -- clothing, toys, furniture, household appliances, footwear and travel goods -- would reduce American consumers' spending power by $46 billion to $78 billion every year the tariffs are in place, according to a study commissioned by the group and prepared by Trade Partnership Worldwide LLC, an economic research firm.

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