4.2 • 5.3K Ratings
🗓️ 8 May 2025
⏱️ 16 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Americans love their sneakers. |
0:08.6 | These are blue Adidas, Campus O's. |
0:11.4 | I'm literally obsessed with them. |
0:12.1 | Let me grab the 740B2s and the 1130. |
0:14.1 | This is a pair of Nike Air Mags. |
0:16.4 | I just want some good looking Jordan 11s. |
0:19.8 | Most of those shoes are made in Asia in three countries, Vietnam, Indonesia, and China. |
0:26.7 | And it's been this way for now about 20 years. |
0:29.6 | That's my colleague John Imont. |
0:32.3 | Whether it's Adidas or Nike or Under Armour, they're making their shoes in these three countries, |
0:37.8 | and they're kind of the Goldilocks countries for shoes. |
0:41.0 | That's the way most modern shoemaking is done. |
0:44.3 | Shoes are crafted in factories in Asia |
0:46.2 | by tens of thousands of laborers making relatively low wages, |
0:50.1 | and those shoes are then shipped and sold all over the world. |
0:54.3 | But President Trump would like to change that. |
1:01.1 | Donald Trump has introduced tariffs on Asian countries, |
1:06.1 | including the three Asian shoemakers we discussed, Vietnam, Indonesia, and China. |
1:12.4 | And the stated purpose of that is to bring back manufacturing to the United States. |
1:18.4 | Though some of Trump's tariffs have been paused, shoe companies are still facing pressure to move production back home. |
1:26.1 | But actually making shoes in North America would be incredibly tough to pull off. |
1:31.8 | And shoemakers know that from experience. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.