Matt Priest, President and CEO of the Footwear Distributors and Retailers of America, came on the Shoecast the morning after 104% tariffs on Chinese goods into the US hit in a rapidly-moving-target trade war with the United States and just about every other country.
What ARE tariffs? How might tariffs and general uncertainty impact massive shoe brands? Smaller ones? Made-in-USA footwear? Retail prices? What's kinds of supply chain breakdowns have already happened and what might be next? How does the lobbying work that FDRA does function and benefit the footwear industry? And why is everyone suddenly really, really mad at Matt?
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