Corporate America, or rather those that primarily source their supply chain outside of America, are preparing for some significant changes coming down the pipeline. President-elect Donald Trump is expected to go through with his campaign promise to hike tariffs as high as 60% to 100% on goods from China,

Steve Madden's CEO said the company will reduce the goods it imports from China by as much as 45% over the next year. On the campaign trail, President-elect Donald Trump said he would impose a 10% to 20% tariff on all imports,

The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.