In the fallout of Trump’s trade war with China, iconic brands Calvin Klein and Tommy Hilfiger found themselves navigating a complex landscape of tariffs and supply chain disruptions. This geopolitical tension reshaped their strategies and market dynamics.
In a move to tighten trade regulations, Trump’s repeal of a critical loophole may inadvertently impact low-income and minority communities the hardest. As access to affordable goods diminishes, many fear they’ll bear the brunt of rising costs amid economic uncertainty.
China’s recent elimination of the de minimis trade exemption marks a significant shift in its import policies. This change affects low-value shipments, requiring duties and taxes on goods valued under a certain threshold, reshaping cross-border commerce dynamics.
As the prospect of reintroduced tariffs looms, the era of affordable Shein and Temu hauls may be coming to a close. This shift could reshape the landscape of fast fashion, prompting consumers to rethink their budget-friendly shopping habits.