President Donald Trump"s new tariffs on China are a "job killer," US shoe companies warned Wednesday pleading for them to be removed. The five percent increases, which will take the tariffs to 15-25 percent, and are due to roll out in stages through December and target some popular items, such as laptops, mobile phones and some shoes. More than 200 footwear manufacturers and retailers, including major brands such as Nike and Foot Locker, signed onto the letter alerting that the new tariffs could cost US consumers an additional $4 billion a year and increase the chances of an economic downturn.

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