U.S. President Donald Trump ‘s tariff powers are before the Supreme Court at a hearing Wednesday, while former Commerce Secretary Wilbur Ross has his thoughts on how the justices might rule.

Ross is a banker best known for acquiring and restructuring failed companies. In 2004, his company WL Ross & Co. bought Cone Mills and merged it with Burlington Industries, forming the new entity International Textile Group. He did similar deals in steel, coal and telecommunications. He also served as the 39th U.S. Secretary of Commerce from 2017 to 2021 during Trump’s first term as president.

Footwear News caught up with Ross to discuss several topics ranging from shoe production to tariffs and possible refunds, as well as the Supreme Court hearing and how the justices might rule post-hearing.

See Full Page