Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn

The Manila Times

The Manila Times

Summary

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Manufacturers and suppliers across Asia are anxious over the future of apparel hubs following Donald Trump's sweeping tariffs that they believe could endanger their businesses.
The Independent
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On April 2, 2025, President Donald Trump announced a comprehensive set of tariffs, including a universal 10% duty on all imports and significantly higher rates targeting specific countries—34% on Chinese goods, 46% on Vietnamese goods, 20% on European Union imports, and 49% on products from Cambodia.
International Business Times
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Multiple Chinese A-share listed companies have publicly addressed the potential impact of the latest US tariff hikes, emphasizing limited exposure to the US market and proactive global supply chain adjustments to cushion disruptions.
Global Times China

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