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Tariffs on Chinese Apparel and Footwear Would be “Credit Negative” for US Companies, Moody’s Contends

With the threat of $500 billion in tariffs on a wide range of Chinese goods looming, a new Moody’s study said tariffs would be a “credit negative” for the U.S. apparel and footwear sector, as they would increase costs of goods sold for the U.S. divisions of companies that import goods from China. More than…

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