Footwear Companies Urge Trump To Cancel Planned Tariffs

President Trump announced a 15% tariff on $300 billion of Chinese goods, with some delays until December 15th. Footwear will face an additional 15% tariff, adding to existing tariffs. Companies like Foot Locker and Adidas argue this will harm American families and lead to job cuts. The tariffs are part of the US-China trade war, following China's tariffs on $75 billion of US goods.

What percentage tariff did President Trump announce on Chinese goods?

• 15%

• 25%

• 10%

• 20%

Which industry is specifically mentioned as being affected by the new tariffs?

• Textiles

• Footwear

• Automobiles

• Electronics

What is the highest existing tariff rate on footwear mentioned in the transcript?

• 67%

• 50%

• 33%

• 11%

How much additional cost will the 15% tariff impose on Americans annually?

• $2 billion

• $4 billion

• $1 billion

• $3 billion

What was China's response to the US tariffs?

• Imposing new tariffs on $150 billion worth of US goods

• Imposing new tariffs on $100 billion worth of US goods

• Imposing new tariffs on $75 billion worth of US goods

• Imposing new tariffs on $50 billion worth of US goods