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U.S. Tariffs Disrupt Global Fashion Industry

U.S. Tariffs Disrupt Global Fashion Industry

by | Apr 5, 2025 | Fashion | 0 comments

The recent imposition of tariffs by the United States has sent shockwaves through the global fashion industry. Effective April 5, 2025, a universal 10% tariff on all imports has been implemented, with higher rates targeting specific countries set to commence on April 9. Key apparel manufacturing nations such as China, Vietnam, Bangladesh, Pakistan, and members of the European Union are among those most affected. Given that over 98% of U.S. apparel is imported, these tariffs are expected to significantly disrupt supply chains, increase consumer prices, and potentially set the industry back by decades. Major brands, including Burberry, Kering, LVMH, Nike, and Adidas, have already experienced stock declines in response to the news.

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