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.
We don't. The infrastructure just isn't there to start major manufacturing in the US at the whim of a moron. There needed to be some kind of plan in action to build something out before he tries to fuck everybody with tariffs.
The plan was to continue to buy cheap stuff from China and forget about the problems that it created. No evidently our infrastructure does suck, what is going to make that change, price.
Correct, but who is going to bear the brunt of the cost? I'll give you a hint, it's sure as hell not gonna be Trump's cronies.
Why is u hurt at the idea of shit being made in us, boy?
You do understand that Us is second in industrial output?
You can buy us made clothes today, right now
Industry could scale if people bought American made shit.
But nahh get you china plastic slop lol consoom peasant 🤡
Maybe it's more that they're being realistic about USA manufacturing capacity and costs of spinning up new production lines.
Not to mention the cost of everything going up and wages being stagnant so when things get more expensive it will be harder for everyone. Not like people have a bunch of extra money laying around.
If you really think it's that easy you're very naive.
This exactly. It's hard to have any type of interaction with people who refuse to differentiate between fantasy and reality...