Many CEOs have sought to reassure investors that their businesses will be relatively insulated and they're prepared to navigate a changing tariff landscape.
Steve Madden is already putting a plan into motion, as CEO Edward Rosenfeld said the company would halve its Chinese production to avoid Trump's tariffs.
During his campaign, Trump promised to impose 10% to 20% tariffs on everything that comes into the United States, along with an extra-steep tariff of up to 60% on goods imported from China.
Despite the recent interest in tariffs, corporate executives have mostly shrugged off the potential impact of Trump's threats as they wait to see what actually happens.
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