Steve Madden to cut goods imported from China by up to 45% as it prepares for Trump’s tariff pledge
- Steve Madden plans to reduce its imports from China by 40% to 45% in anticipation of President-elect Donald Trump’s potential tariffs on imports.
- The company expressed confidence in achieving its tariff mitigation strategy to minimize exposure to Chinese imports over the next year.
- CEO Edward Rosenfeld stated that U.S. Imports make up about two-thirds of the company's business, highlighting the impact of potential tariffs.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right10Center17Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 25%
C 47%
R 28%
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