Dozens of US footwear giants ask Trump to halt tariff hike on China

That’s amid the ongoing trade war with Beijing. The companies say consumers will suffer from the tariffs.

Earlier Donald Trump hiked duties from 10% to 25% on 200 billion dollars’-worth of Chinese goods. Despite the moves, the President believes he will reach a new trade deal with Beijing.

China, in retaliation, plans to raise import tariffs to 25% from next month, till a deal is reached.

The trade spat between the world’s two largest economies has been somewhat of a spirit-raising challenge in China, with this song going viral…

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