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Stock impact report

‘Pink tariffs': Tariffs on women's clothes are higher than men's [CNN]

Columbia Sportswear Company (COLM) 
Last columbia sportswear company earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.columbia.com
Company Research Source: CNN
New York CNN — For decades, the US tariff system has taxed women's clothing more heavily than men's. Tariffs on women's clothing are currently about three percent higher than men's, a policy that's known as “pink tariffs” — similar to the “pink tax” that makes the same products for women more expensive than men's. That means women pay an average extra dollar per garment compared to men, costing them more than $2 billion a year, according to research by Edward Gresser, vice president and director for trade and global markets at the Progressive Policy Institute, a left-leaning think tank. And with Trump imposing 10% tariffs on most trading partners, with even higher levies for Canada, Mexico and China, the cost for women could easily go higher. “As he is instituting massive new tariffs, President Trump is missing a chance to tackle historically regressive and misogynistic traits” of the global free trade system, said Steve Lamar, the president of the American Apparel & Footwe Show less Read more
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