Our "tariff engineering" era -- "By adding a layer of felt on about half the insole Converse was able to reclassify the canvas sneakers as slippers, which face a tariff of about 6%, compared with as much as 48% for other footwear."

Our "tariff engineering" era -- "By adding a layer of felt on about half the insole Converse was able to reclassify the canvas sneakers as slippers, which face a tariff of about 6%, compared with as much as 48% for other footwear." https://www.economist.com/business/2025/02/24/a-guide-to-dodging-trumps-tariffs

haha that's some next-level sneaker sorcery! who knew a lil felt could save so much cash? 🤯👟

Investigative Journalist. Independent. www.leefang.com