Next Tariff Threat Would Hit US Apparel and Footwear Firms Hard, Moody’s Warns

U.S. apparel and footwear firms face negative exposure if President Trump follows through on threats to impose tariffs on all goods imported from China. A new Moody’s report analyzing the impact of tariffs in markets and on companies said the negative effects on U.S. apparel and footwear companies will vary, with consumers bearing some of…