FDRA President Says No Response Yet From Trump on Plea to Drop Tariffs

The video discusses the impact of tariffs on the US footwear industry, highlighting the potential increase in costs for American consumers due to duties on Chinese imports. Matt Priest, President and CEO of the Footwear Distributors and Retailers of America, explains the industry's historical duty payments and the current challenges posed by proposed tariffs. The discussion covers the potential impact on retailers like Macy's and JCPenney, the difficulty of shifting supply chains from China to countries like Vietnam, and the broader economic implications, including possible product shortages and price increases during key retail seasons.

Discuss the challenges companies face when trying to change their supply chains from China to other countries.

What are the concerns regarding product availability if tariffs are implemented?