You're already paying tariffs on clothing and shoes, and have been for almost 90 years - CNBC

You're already paying tariffs on clothing and shoes, and have been for almost 90 years - CNBC

CNBC

You're already paying tariffs on clothing and shoes, and have been for almost 90 years CNBC American consumers have been paying for tariffs on clothing and shoes since the 1930 Smoot-Hawley Tariff Act. The current average duty rate paid for all goods the U.S. imports is 1.4 percent, while the average tariff on travel goods and footwear is ...