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

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Apparel firms are taking different paths ahead of the extended tariffs on Chinese imports

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.

 

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

BLAME IT ON POTUS KNOWS NOTHING ABOUT TARIFFS

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