U.S. tariffs do not deter Portuguese plan
In response to reciprocal tariffs imposed by the U.S. government, the Portuguese footwear sector reiterated its opposition to protectionist policies but confirmed its continuity to the North American market.
According to the Portuguese Footwear, Components, and Leather Goods Manufacturers Association (APICCAPS), the industry anticipated this scenario by investing € 120 million in sustainability, automation, and other areas.
The United States is the sixth largest destination for exports, which have doubled in that market over the past decade. Of the 145 key cities targeted in the Footwear Cluster’s 2030 Strategic Plan, 30% are located in the U.S.