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How China’s Currency Devaluation Will Really Impact Sourcing Costs

Sourcing Summit NY — Join us on Oct. 17 for the must-attend apparel supply chain conference.

China’s devaluation of its renminbi this week sent markets into a temporary tailspin, and though things have somewhat rebounded since, supply chains may still have a price to pay. Whether designed to offset the cost of President Trump’s promised 10 percent tariff hike set to further burden the apparel, footwear and textile sectors starting Sept….

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