Well, let's talk now about the kind of impact that these tariffs, threats, and changes mean for business directly.

In the United States, the vast majority of shoes sold here are imported, which means tariffs are a real issue.

I spoke just a short time ago with Matt Priest. He's the president and CEO of the trade group,

footwear distributors and retailers of America. Matt, welcome to the News Hour. Thanks for being here.

Thank you, Omna. It's a pleasure to be here.

So things obviously are changing very quickly on this front. As we sit here and speak now,

we know President Trump has kept in place that 10% baseline tariff, ramped up tariffs on China,

and paused them for 90 days on most other countries. But it's worth pointing out the majority of shoes in the U.S. are imported.

When you look at where they come from, the vast majority are from China, also from Vietnam,

Indonesia, Cambodia, and fewer than from India.

What does all of this back and forth on the tariffs mean for the businesses you represent?

And who are we talking about here?

Yeah, we represent 97% of the

shoe industry here in the U.S. Omna. And so that is Nike Under Armour, A6, Dick Sporting Goods, Target, Walmart,

and then all the way down to family importers that bring in product every single day. And so

our goal right now is to try to drive as much certainty to the business

that we can, but it's a really difficult thing to do in this environment. With each passing day,

there's a tariff that's added. There's a tariff that's taken off. And so our members are scrambling

to understand what the real-life impact will be on costing for consumers here in the days and

weeks to come. Even with the rollback of these tariffs, does that mean the problems have gone away for these

businesses? Are they no longer worried?

No, they're definitely still worried. I mean, the rollback is a positive thing. We want to commend

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