Why Tariffs Haven’t Led to Soaring Prices – Yet The global economy has been under immense pressure due to various factors, including the ongoing trade war and the impact of the pandemic. One of the significant concerns for many industries, especially fashion brands, has been the imposition of tariffs on imports. While it is anticipated […]
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis The fashion industry is no stranger to challenges, but the recent announcement of new import duties by President Donald Trump has sent shockwaves through the sector. Dubbed as ‘liberation day’ by the administration, the unveiling of these tariffs has left many in the industry scrambling to adjust and […]