Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
12 Useless Purchases You Need to Stop Making

12 Useless Purchases You Need to Stop Making

May 6, 2026
HELOC, Home Equity Rates Spike Higher

HELOC, Home Equity Rates Spike Higher

May 6, 2026
Anthropic says it taught AI agents how to ‘dream’

Anthropic says it taught AI agents how to ‘dream’

May 6, 2026
The 5 best Colleen Hoover books — and 5 you can skip

The 5 best Colleen Hoover books — and 5 you can skip

May 6, 2026
6 Tips to Help You Find Remote Job Opportunities

6 Tips to Help You Find Remote Job Opportunities

May 6, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
May 6, 2026 6:50 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » The company behind one of Trump’s oft-worn shoe brands is suing his administration over tariffs
The company behind one of Trump’s oft-worn shoe brands is suing his administration over tariffs
Markets

The company behind one of Trump’s oft-worn shoe brands is suing his administration over tariffs

News RoomBy News RoomMarch 9, 20262 ViewsNo Comments

The company behind some of President Donald Trump’s go-to shoes is seeking a refund for the tariffs he imposed.

Weyco Group, which owns footwear brands including Bogs and Nunn Bush, sued the federal government in December over tariffs, according to a complaint filed in the US Court of International Trade.

The shoe maker filed the lawsuit, betting that the US Supreme Court could strike down the tariffs that Trump has enacted under the International Emergency Economic Powers Act.

One of the brands that Weyco owns is Florsheim Shoe Company, which makes leather Oxfords that Trump himself wears. The shoes cost about $145 a pair.

Trump has also given pairs of Florsheims to members of his cabinet and others who visit the White House, such as Tucker Carlson, The Wall Street Journal reported on Monday. The White House wouldn’t confirm Trump’s choice of Florsheim to the publication.

Weyco CEO Thomas Florsheim Jr. did not respond to a request for comment from Business Insider. The White House did not respond to a request for comment.

Florsheim told Spectrum News 1 last month, after the Supreme Court’s ruling, that his company paid a tariff rate as high as 145% on shoes it imported from China last year. It tried to avoid the duties by moving production to India — only to see its imports from that country hit with tariffs as well.

“The idea behind the tariffs originally was pro-business, and it feels like somehow the pro-business part of this has gotten lost,” Florsheim said.

Weyco’s lawsuit does not specify how much the company has spent on tariffs since Trump began imposing them last year, but Florsheim told Spectrum that the company “has spent millions on tariffs.”

The lawsuit asked the international trade court to refund Weyco’s tariff costs, with interest.

Earlier this month, a judge for the trade court said that companies are “entitled to benefit” from the Supreme Court’s ruling, a decision that could lead to tariff refunds. Exactly how and when those refunds would arrive remains unclear.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

The 5 best Colleen Hoover books — and 5 you can skip

The 5 best Colleen Hoover books — and 5 you can skip

Anthropic CEO Dario Amodei jokes that his company’s extreme revenue growth is ‘too hard to handle.’

Anthropic CEO Dario Amodei jokes that his company’s extreme revenue growth is ‘too hard to handle.’

Ted Turner has died at 87. Photos show the CNN founder’s career rise and life

Ted Turner has died at 87. Photos show the CNN founder’s career rise and life

Burlington plans 110 net new stores as part of fiscal year 2026 expansion

Burlington plans 110 net new stores as part of fiscal year 2026 expansion

TikTok pulls back on an AI feature that described Charli D’Amelio as a collection of blueberries

TikTok pulls back on an AI feature that described Charli D’Amelio as a collection of blueberries

The US Navy shot out the rudder of an Iran blockade runner with a Super Hornet’s 20 mm cannon

The US Navy shot out the rudder of an Iran blockade runner with a Super Hornet’s 20 mm cannon

The ‘millennial daughter tax’ is terrifying

The ‘millennial daughter tax’ is terrifying

Disney CEO Josh D’Amaro outlines AI and content strategy in growth plan

Disney CEO Josh D’Amaro outlines AI and content strategy in growth plan

I bought a 54-acre ranch to teach my kids self-reliance. Then I lost millions overnight and learned another lesson.

I bought a 54-acre ranch to teach my kids self-reliance. Then I lost millions overnight and learned another lesson.

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

HELOC, Home Equity Rates Spike Higher

HELOC, Home Equity Rates Spike Higher

May 6, 2026
Anthropic says it taught AI agents how to ‘dream’

Anthropic says it taught AI agents how to ‘dream’

May 6, 2026
The 5 best Colleen Hoover books — and 5 you can skip

The 5 best Colleen Hoover books — and 5 you can skip

May 6, 2026
6 Tips to Help You Find Remote Job Opportunities

6 Tips to Help You Find Remote Job Opportunities

May 6, 2026
Apollo’s Marc Rowan says to expect ‘blue-collar ascendancy’ and ‘white-collar stress’ in the age of AI

Apollo’s Marc Rowan says to expect ‘blue-collar ascendancy’ and ‘white-collar stress’ in the age of AI

May 6, 2026

Latest News

Anthropic CEO Dario Amodei jokes that his company’s extreme revenue growth is ‘too hard to handle.’

Anthropic CEO Dario Amodei jokes that his company’s extreme revenue growth is ‘too hard to handle.’

May 6, 2026
Mortgage Rates Rise As Iran Conflict Drags On

Mortgage Rates Rise As Iran Conflict Drags On

May 6, 2026
A cardiologist eats 90 grams of fiber a day without trying. Here’s her breakfast, lunch, and dinner.

A cardiologist eats 90 grams of fiber a day without trying. Here’s her breakfast, lunch, and dinner.

May 6, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.