The future of footwear trade policy is staring us in the face.
U.S. footwear companies want to invest in 21st century footwear innovation—emerging technologies, 3-D printing, advanced manufacturing, U.S. job creation—in order to propel our industry forward, but they are burdened by a costly, restrictive, and outdated tariff system from 1930. Congress has an opportunity to ease this burden on the industry with the passage of the Trans-Pacific Partnership (TPP), a 12-nation free trade agreement that will provide $6 billion in savings to footwear companies over ten years and serve as a blueprint for the future of footwear trade policy.
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