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Navigating U.S. tariffs: what fashion brands need to know - BLANC
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Market Navigating U.S. tariffs: what fashion brands need to knowNavigating U.S. tariffs? Brands could face added duties of 7.5%-25% on imported goods. Check if your products are affected and explore options to mitigate costs.Carol Dollevedo | Share Tariffs are taxes imposed by a government on imported goods, often used to protect domestic industries or respond to trade disputes. Under former President Donald Trump, the U.S. introduced a wave of tariffs targeting countries like China, impacting a wide range of products—including textiles, apparel, and accessories. These measures significantly raised the cost of imported fashion items and raw materials, forcing many brands to rethink their supply chains, shift production, or absorb higher costs. The ripple effects are still being felt today, particularly by fashion businesses navigating global sourcing and pricing pressures. What the tariffs areThe U.S. has imposed additional duties on a wide range of imported goods under Section301 o...
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Carol Dollevedo
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