While shoe retailer Foot Locker (FL) posted mixed fourth quarter earnings results, the footwear industry at large may need to lace up for a tighter 2025 after the Trump administration increased its tariff on Chinese imports to 25%.

Yahoo Finance host Madison Mills lays out how tariffs could impact footwear companies as shoes from China account for 42% of all footwear imports entering the US.

Also catch Yahoo Finance's coverage on how Trump tariffs are affecting US automakers, the pharmaceutical industry, and commodities markets.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.