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Why British Fashion Faces Up to 25% US Tariffs

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Still reeling from Brexit, British fashion could now have new tariffs on its hands. After a months-long investigation into the U.K.’s digital services tax (DST), the Office of the United States Trade Representative (USTR) has determined that the action unfairly penalizes American tech companies. Now, the agency and is hitting back with proposed retaliatory tariffs…

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