How Will the US New Tariffs Impact the Footwear Industry?

The article is targeted at B2B practitioners in the footwear industry, analyzing the impact of the new US tariffs on the footwear sector. The tariffs have led to a sharp increase in production costs, necessitating adjustments to the supply chain layout. Meanwhile, consumers' willingness to purchase has declined, and the market competition pattern has changed. Guangzhou Happy Fashion International Trade Co., LTD offers cooperation opportunities by virtue of its stable supply chain, cost control capabilities, and customized services.