A man shops for shoes from a Nike store at an outlet in Los Angeles, California on April 10, 2025. Trump on April 9 announced a 90-day pause on the most onerous new tariffs on imports to the United States for every country except China. Americans spend about $31 billion on sneaker brands with almost all sneakers in the US market coming from Asian countries of Vietnam, China, Indonesia and Cambodia, as Trump tariffs impose a new consumption tax of at least 42% on most inbound sneakers to the United States. (Photo by Frederic J. BROWN / AFP)

A man browses for shoes at a Nike outlet store in Los Angeles, California on April 10, 2025. Trump on April 9 announced a 90-day pause on the most onerous new tariffs on imports to the United States for every country except China. Americans spend about $31 billion on sneaker brands with almost all sneakers in the US market coming from Asian countries of Vietnam, China, Indonesia and Cambodia, as Trump tariffs impose a new consumption tax of at least 42% on most inbound sneakers to the United States. (Photo by Frederic J. BROWN / AFP)

A man browses for shoes at a Nike outlet store in Los Angeles, California on April 10, 2025. Trump on April 9 announced a 90-day pause on the most onerous new tariffs on imports to the United States for every country except China. Americans spend about $31 billion on sneaker brands with almost all sneakers in the US market coming from Asian countries of Vietnam, China, Indonesia and Cambodia, as Trump tariffs impose a new consumption tax of at least 42% on most inbound sneakers to the United States. (Photo by Frederic J. BROWN / AFP)