Summary
Following Donald Trump’s election victory, proposed tariffs of 10%-20% on general imports and 60% on Chinese goods are raising concerns across the fashion, beauty, and footwear industries.
Companies like Steve Madden, Under Armour, and e.l.f Beauty are assessing impacts, with some, such as Steve Madden, planning to reduce reliance on Chinese suppliers.
Tariff fears have already affected retail stocks, and executives acknowledge the industry is now more prepared for trade disruptions.
Many brands, including Ralph Lauren and Tapestry, have diversified sourcing in anticipation of restrictive trade policies.
The tariffs are on everything, not just clothes. But even just looking at the clothes aspect, how do you think increasing the price of clothes, which people need, will be good for the American people?
Forcing people to spend more money on stuff is not going to help them.
Trarif policy will be implemented on per category basis.
We have not seen any details yet.
Price gouging increased prices with excess revenue going to corporate.
I don’t even support the policy just think y’all having a melt down prematurely lol
But some tarif is warranted at the min cost a visit China and EU and jap at least to equalize them
You don’t support it but you think it’s warranted?
Why not prop up local manufacturing with subsidies? You know, make things cheaper to buy.
I don’t support prividing state aid to pad rich peoples profits.
If Us is investmenting, then it should get debt or equity at FMV like any other private investors.