
The episode discusses the impact of tariffs on the footwear industry with insights from Matt Priest, CEO of FDRA.
In this episode of Global Trade This Week, hosts Pete Mento and Doug Draper discuss the impact of tariffs on the footwear industry with Matt Priest, CEO of the Footwear Distributors and Retailers of America (FDRA). Priest highlights the industry's reliance on imports, noting that 97% of footwear comes from Asia, with China, Vietnam, and Indonesia being major suppliers. The discussion covers the U.S. government's tariff policies, which have increased costs significantly, leading to a $6.22 billion duty bill last year. Priest also discusses FDRA's advocacy efforts, including lobbying, data services, and media outreach, and emphasizes the industry's need for stable trade policies. www.capwwide.com/international-insights/5/19/26/gttw-podcast-episode-243-matt-priest-president-ceo-fdra-leading-footwear-executive https://youtu.be/581Yg9WMLt4
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