‘Financial microaggressions’: why ‘pink tariffs’ hurt women more than men

Women's goods are taxed at a higher rate than men's, an invisible bias that is estimated to cost women $2.5bn a year

Many shoppers know about the so-called pink tax - a needless markup on products marketed to women, even if those products are essentially the same, just cheaper, when sold to men. Personal care items such as razors, deodorants and shampoo fall into this category. But shoppers may be less aware of pink tariffs", or taxes on imported goods labeled as women's items".

Pink tariffs are one reason women's clothing tends to cost more than men's at the checkout counter, and why some women might buy sweatpants or oversized sweaters technically made for men" - it could save them some cash.