U.S. Apparel Industry Works to Blunt Impact of Tariffs

U.S. apparel companies are bracing for squeezed profits and potential store closures as a result of the Trump administration’s pledge to extend tariffs on Chinese imports.

President Trump last week walked back some of his tariff threat, agreeing to delay new duties on toys, cellphones and other electronics until December. But a majority of apparel and much of the footwear imported from China are still subject to tariffs starting Sept. 1.

I'd be happy to never see that cheap junk in stores again.

BLAME IT ON POTUS KNOWS NOTHING ABOUT TARIFFS

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Who is next in big pharma's merger spree?Consolidation in the U.S. healthcare industry, which has already witnessed a str... At first I read, 'Who is next in big pharmacy's murder spree.' I thought about opioids & then I looked at the source & only then did I correctly read, 'merger'. RandomMusing
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

U.S. tech industry leaders: French digital service tax harms global tax reformMajor tech firms and U.S. tech industry groups said on Monday that France's... The French acted while others sat on their thumbs. What fucking global tax reform? 👍
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »