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Trump Says He’ll Raise China Tariffs to 25 Percent By Friday

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.

By Friday, tariffs on China could more than double. The moment brands and retailers have all been bracing for, but hoping never actually materialized, may be on the horizon: President Trump said Sunday he will raise tariffs on $200 billion worth of China-originating goods from 10 percent to 25 percent. After a tariff freeze over…

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