Article 6WVWD ‘Very problematic’: US apparel bosses say Trump’s tariffs will hurt Americans

‘Very problematic’: US apparel bosses say Trump’s tariffs will hurt Americans

by
Callum Jones in New York
from Economics | The Guardian on (#6WVWD)

The president aims to boost US manufacturing, but insiders warn tariffs will increase costs and destroy businesses

Across the US, many executives leading apparel and textiles businesses are scratching their heads.

Tariffs of 145% on goods from China, and tariffs of 10% on goods from much of the rest of the world, have been billed by the White House as a once-in-a-generation efffort to boost domestic manufacturing.

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