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Under Armour joins chorus of protest over new China tariffs proposed by Trump

Under Armour joins chorus of protest over new China tariffs proposed by Trump

Under Armour has joined other top U.S. footwear brands in criticizing President Donald Trump’s plans to slap punishing tariffs on Chinese imports by Thursday, saying the move would hurt consumers, jobs and business.

A letter signed by the Baltimore-based sports brand along with Nike, Naturalizer, Sperry, Stride Rite, Steve Madden and dozens of other brands says increased tariffs on footwear would amount to “new hidden taxes on every American who buys and sells shoes.”

Footwear makers and retailers argue that shoe imports already face high tariff rates, averaging 11 percent compared with the average tariff of 1.3 percent for all consumers goods. The letter sent to the White...

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