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US Footwear Imports Down 25%, With Lowest October in 16 Years

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The toll of the pandemic and sustained high import duties have contributed to a 25 percent decline in U.S. footwear imports in the first 10 months of the year to a value of $16.35 billion. The pace of decreases has eased somewhat–from 25.9 percent and 27.5 percent the prior two months, respectively–fueled by a slight…

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