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Stock impact report

Steve Madden and More Shoe Companies Looking to Mexico to Escape Heavy Trump Tariffs Might Be Out of Luck [Yahoo! Finance]

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
a 25% tax on products from Mexico and Canada and an additional 10% tariff on imports from China. This could lead to higher prices for consumers, with a study from the National Retail Federation estimating that US consumers could pay between $6.4 billion to $10.7 billion more for footwear a year. Companies like Steve Madden, which have nearshored production to Mexico, may also be affected. Industry leaders are warning of the inflationary impact of these tariffs and are urging Trump to rethink the proposals. More from Footwear News 81% of Execs Say 'Strategic Reshoring' is Central to Their Sourcing Plans How Amer Sports, Shoe Carnival and TJX Maxx Parent Are Planning for Trump's Potential New Tariffs Expect Active Trump Administration on Tariffs, Trade During 2025 Donald Trump has outlined more details about the tariffs he plans to enact when he enters office again in January for his second term — and they could have even more dire consequences for the footwear industry than i Show less Read more
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