The FDRA (Footwear Distributors & Retailers Of America) said the potential for additional tariffs on $200 billion in Chinese goods will likely “negatively impact all Americans of every walk of life.”

The full statement from Footwear Distributors and Retailers of America (FDRA) President and CEO Matt Priest is below:

“With the president’s announcement last night directing USTR to explore the potential for additional tariffs on $200 billion in Chinese goods, it’s very difficult to see how this doesn’t negatively impact all Americans of every walk of life. The president claimed that trade wars are easy to win, but what our industry has always known is coming true; trade wars are costly, unnecessary and do harm to the American economy. The footwear industry calls on the Trump Administration to show real leadership and declare a cease-fire to this self-inflicted conflict.”