Under Armour has joined Nike, Adidas and dozens of brands and retailers in urging President Donald Trump to halt plans to boost tariffs on footwear imported from China.
“The proposed additional tariff of 25 percent on footwear would be catastrophic for our consumers, our companies and the American economy as a whole,” more than 170 companies said in a letter sent to the White House Monday. “Your proposal to add tariffs on all imports from China is asking the American consumer to foot the bill. It is time to bring this trade war to an end.”
The Trump administration added footwear last Monday to a proposed list of additional tariffs.