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.
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.
Okay so you’re an idiot great. I guess we should stop all subsidies on our fuckin food and roads then too right?
There is no subsidies for roads feds own the intermediate system, states own rest of the rosds.
Agriculture subsidies aren’t profits for cargill and other parasites in the US. EU has a better system but US it is just extraortioj racket.
We literallt subsidizing corpos who are poisoning and the state permits them
You got ultra normie understanding of how the world works, LARPing too much teeve, boy?