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Agenda-setting intelligence, analysis and advice for the global fashion community.

Trump’s Tariffs: Assessing the Impact, One Week Later

As the shock wears off, fashion businesses are starting to draw up plans to navigate a market that is still rapidly changing under their feet.
A shot of the chart Donald Trump held up on April 2 showing all the country-specific tariffs.
Trump's now-infamous tariff chart. ( Alex Wong/Getty Images)

To many in the fashion industry, the days after

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Further Reading

Executive Memo | An Action Plan for Navigating Trump’s Tariffs

US President Donald Trump’s tariff actions are raising costs for fashion businesses and throwing supply chains into disarray. As his administration prepares a new wave of duties, and other nations retaliate with tariffs of their own, executives have a variety of measures at their disposal to mitigate the impact, from pricing, sourcing and product strategies to financial actions.

Explainer: How Trump’s Tariffs Threaten Luxury Fashion

The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.

About the author
Marc Bain
Marc Bain

Marc Bain is Technology Correspondent at The Business of Fashion. He is based in New York and drives BoF’s coverage of technology and innovation, from start-ups to Big Tech.

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