For 3G Capital, which has made more than $20 billion on Burger King, Trump’s tariffs presented a rare opportunity to spear a big fish at a discount price.

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The companies said the Skechers board unanimously approved the deal.

Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday.