Shoe Import Quotas Proposed
The International Trade Commission today recommended a five-year program of import quotas to aid the U.S. shoemaking industry, which says it has been overrun by shipments of foreign footwear. The final decision is up to President Reagan.
Four of the five commissioners joined in a recommendation for an overall import quota of 474 million pairs of non-rubber footwear. Shoes with a customs value under $2.50 would be excluded.