matt, you, i know, helped send this letter. have you heard anything back from the white house or the trump administration in response? reporter: thanks for having me on. we ve not heard anything back from the administration and we re fastly approaching a midnight on sunday morning when these new tariffs will go into effect. your viewers should know we ve been paying tariffs on footwear for 90 years. we know all too well what added costs will do for our consumers and that s why we re so concerned about what will take place this weekend. no response so far. you sent a previous letter in may. if trump doesn t respond what s your plan? will you demand a meeting with him? what s the next move? the next move is toed indicate american public. the sentiment on the economy is starting to go south a little bit. i can assure you as prices go up at the retail level, as consumers start buying more products that have additional tariffs on them they will have higher costs and start to show thei
what the uncertainty will do and two, how do you add on to something billions of dollars in added costs and have that not impact where you invest your resources into personnel and to innovation and other capital investments. we re starting to see that slow down and now we ll have an overall impact on the economy. this is just footwear. this will every type of consumer goods that americans purchase. it s going to drive up costs for consumers across the board as we head into the holiday season. matt priest, i appreciate it. thank you for being here. quite the week. president praises vladimir putin overseas, fights to get him back into g7 and considering another move that will make putin happy. florida in the bull he s ey for what s expected to be a
that comes as the latest quinnipiac poll shows for the first time president trump was elected more american voters say the economy is getting worse. 37% say the economy is getting better is at 31%. that s a significant slide. down 14% since june when that poll showed 23% of voters believe the nation s economy was getting worse and 39% said it was improving. then this. president trump getting a major warning on his trade war from hundreds of american retailers including nike, puma and adidas urging trump to cancel his new tariffs on china set to begin sunday. more than 200 u.s. footwear companies signing a letter to trump saying his new 15% tariffs on shoes are quote job killers and his trade war is unnecessary. i want to bring in matt priest, ceo of footwear distributors and retailers of america, a trade organization advocating for the u.s. footwear industry.