Tariffs hit boots, bags and more as leather prices jump

Leather prices are expected to continue rising in 2026 as Trump's tariffs crimple a global supply-chain while domestic manufacturing and cattle herds are down.

Tariffs hit boots, bags and more as leather prices jump

TL;DR

  • Tariffs and supply chain disruptions have increased the price of leather goods in 2025.
  • Companies like Twisted X, Tapestry, and Steve Madden are experiencing higher costs due to tariffs and freight.
  • Analysts predict a further price increase of approximately 22% for leather goods over the next two years.
  • Global bottlenecks, shrinking U.S. cattle herds, and reliance on foreign processing contribute to rising costs.
  • The U.S. leather trade deficit is substantial, with high import volumes from countries facing tariffs.
  • Companies are attempting to mitigate costs by rerouting supply chains, but this has led to new challenges.
  • Domestic leather manufacturing has declined significantly since the mid-20th century.
  • A shortage of cattle hides due to drought and rising feed costs further exacerbates the situation.
  • Even synthetic alternatives are experiencing price increases due to petrochemical input costs and tariffs.