Source: Sneakernomics: The Election’s Potential Impact on Footwear Sales
NPD Group is beginning to discuss the potential outcome of a Trump White House on the footwear industry. I’ve been writing about it for a while here on JmksportStore, but with Matt Powell bringing attention to this, it will get legs and run.
First, I need to state that JmksportStore manufactures its shoes in JinJiang. Because I’ve made a very limited amount of shoes, my import is literally non-existent. My taxes and duties have been manageable because I am not utilizing the shipping system which relies on containers. I guess, I learned how to pull a Trump. I used the laws… but that’s another story. TPP is serious business. Here are few stories where I’ve discussed this in the past.
Business Talk: Barack Obama steps into sneaker war – Doug Palmer – POLITICO
Business Talk: TPP, Supplied PDX, Kicks And Small Biz – YouTube
If you’re a sneaker lover/ footwear lover/computer lover… this isn’t just a sneaker issue, it’s an import issue, you need to prepare for an adjustment in price if the current TPP agreement isn’t passed through a lame duck congress prior to Trumps inauguration.
