Footwear firms got a holiday gift from the Trump administration in the form of a one-year hold on any additional China tariffs on imports to the U.S.
An executive order on the White House site disclosed further details on the modification of reciprocal tariff rates in the new trade arrangement between the U.S. and China . Much of the talk when the arrangement was first disclosed on Oct. 30 was centered on a one-year time period in connection with rare earth minerals. The presidential action in the new order clarified that the U.S. will suspend “heightened reciprocal tariffs ” on imports from China through 12:01 a.m ET on Nov. 10, 2026.
The caveat in the executive order is that the U.S. will monitor conditions to ensure that China adheres to the trade terms, and if not, Tru

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