Steve Madden says Trump tariffs are ‘destroying’ the economy that brands like his created - MarketWatch
1. Steve Madden criticizes tariffs for increasing shoe prices and harming the economy. 2. His brand sourced 71% of products from China but is diversifying manufacturing. 3. Madden believes tariffs hurt more than help U.S. job creation. 4. The company withdrew its 2025 financial forecast due to tariff uncertainties. 5. Madden suggests tariffs benefit wealthy investors while harming business owners.