Steve Madden shoe boxes are displayed Nov. 11 at a DSW store Novato, California. In response to President-elect Donald Trump’s proposed tariffs, shoemaker Steve Madden is planning to import fewer goods from China and look to move production to countries like Vietnam, Cambodia, Brazil and Mexico. Economists say Trump’s proposed tariffs would raise prices after he promised to bring them down for groceries, rent and other basics. (Justin Sullivan/Getty Images) President-elect Donald Trump has promised to bring down prices on groceries, rent and other basic necessities of life. U.S. presidents don’t typically have direct control over how much any of those things cost, but their policies can have an effect. In Trump’s case, the proposals that economists think could have significant influence are tariffs, or taxes on imports. Why Trump tariffs could be bad for prices On Monday, Trump threatened to impose new tariffs on Mexico, Canada and China – the United States’ three biggest tradin...