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Shoe manufacturers urge Trump to end trade war with China

Some of the world’s major footwear firms are advising Donald Trump to end the US trade war with China, warning of a “disastrous” result on consumers.

In a letter signed by 170 firms, including Nike and Adidas, they said the President’s choice to lift import tariffs to 25% will excessively effect the working class.

They also caution that higher taxes intimidate the future of some businesses.

Mr. Trump lifted taxes on $200bn worth of Chinese imports into the US from 10% to 25% more than a week ago after Washington and Beijing unsuccessful to reach a deal on trade.

China reacted by announcing plans to increase levies on $60bn of US imports from 1 June.

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