04/04/2025 – US Tariffs
New US import tariffs to harm global apparel market
The new US import tariffs put pressure on brand margins and consumer sentiment. Following the latest news of new severe import duties being imposed by the US: Alice Price, Apparel Analyst at GlobalData, offers her view.
Players importing into the US will therefore have to find ways to offset these higher costs, and consumers may expect availability issues while they try to navigate these new challenges. © donvictori0/stock.adobe.com
Players importing into the US will therefore have to find ways to offset these higher costs, and consumers may expect availability issues while they try to navigate these new challenges. © donvictori0/stock.adobe.com