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A number of the world's largest shoe makers have urged US President Donald Trump to end the trade war with China, warning companies of their disastrous effects on consumers.

173 companies, including Nike and Adidas, signed a letter saying Trump's decision to raise taxes and tariffs on his country's imports from China would affect the working class.

Companies warned that these fees also threaten the future of a number of companies.

The companies that signed the letter, including Clarks, Dr. Martens and Converse, say the rate of American fees for shoes is 11.3 percent, but may reach 67.5 percent.

"Adding 25 percent to the existing fees means that working-class American families may pay 100 percent of the fees they buy," the company said in its letter.

"This is unfortunate, it is time to end this trade war."

Trump says the trade deficit with China is hurting the US economy.

The US president has raised tariffs on $ 200 billion of his country's imports from China from 10 percent to 25 percent, more than a week ago, after trade negotiations between Washington and Beijing ended without an agreement.

China responded by announcing the lifting of tariffs on US $ 60 billion of US exports as of June 1.

Trump, when raising fees last month, said it could cut costs by moving production to the United States.

But shoe companies and distribution companies say they are moving their production outside of China. "But the shoe industry needs years of decision planning, so companies can not move their factories overnight."

The US Chamber of Commerce in China released results of a survey that said more than 40 percent of US companies moved or are considering moving their production outside China due to higher fees.