Steve Madden announces plan to 'rapidly' move production out of China following Trump election win

Contributing sentiments towards policy:

51% : Since February, Trump has honed in on using tariffs as a strategic negotiation policy.
45% : During a sit-down interview with Bartiromo, Trump confirmed that his tariff plan would be used as a leveraging tool, and suggested imposing a 200% tax on vehicles from Mexico.
40% : "I think Trump will pursue this more as a bargaining chip than as a cudgel to necessarily broadly punish different countries," The Lonski Group President and founder John Lonski said in reaction on "Mornings with Maria" Friday.
38% : HIT JOHN DEERE WITH 200% TARIFFS IF IT MOVES PRODUCTION TO MEXICO"Just under half of our current business would be potentially subject to tariffs on Chinese imports (if Trump decides to impose tariffs when he takes office in January)," another company executive said, according to Reuters.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.