"We don't need wages level," said DeMartini. "We need the full playing field level, and, when we do that, even though our labor costs are as much as 20 times higher per hour, we still have found a way to make productive and profitable shoes here in the U.S."

But he says without the tariffs, New Balance and many other remaining American manufacturing companies will most likely have to outsource their operations, and chances are future U.S. Olympic gear will not be made in the United States.