On April 19, U.S. President Donald Trump signed an Executive Order to provide additional economic support for domestic businesses, including critical supply chains for U.S. manufacturers, during the COVID-19 pandemic. According to the U.S. Customs and Border Protection, the order gives the Administration the flexibility to allow for a 90-day deferment period on certain payments for importers “who have faced a significant financial hardship due to the COVID-19 pandemic response”.

“The American footwear industry applauds the Administration for taking this key step toward securing much-needed financial liquidity for our industry during this historic crisis. Our companies and workers are struggling right now and we need this action more than ever”, said Matt Priest, President and CEO, Footwear Retailers of America (FRDA). “My sincere thanks goes out to all the shoe executives, workers, and other stakeholders who engaged with the Trump Administration and Members of Congress through letters and calls to help drive this important action.”