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0.00125795471363022 -0.000147994672191877 -0.00103596270534272 0.00680775492082276 0.00739973360959005 0.00384786147698669 -0.00865768832322048 -0.00488382418232941
Stock impact report

What Trump's tariffs mean for fashion [CNN]

PVH Corp. (PVH) 
Last pvh corp. earnings: 4/1 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pvh.com/investor-relations
Company Research Source: CNN
The global fashion industry was left stunned on Wednesday after US President Donald Trump announced the highest and most comprehensive tariffs in nearly a century, with the most severe levies reserved for some of the biggest apparel manufacturing hubs. In an address from the White House rose garden, Trump announced a baseline tariff of 10% on all imported goods. However, tariffs were set significantly higher on roughly two dozen countries where the US runs a trade deficit, with many of the fashion industry's biggest production centers among them. Goods from Vietnam — the second-biggest apparel exporter to the US after China — will be subject to a 46% tariff, Cambodia will have a 49% duty and Bangladesh 37%. China will be subject to a new 34% tariff on top of the previously announced duties, raising its tariff rate to 54%, and the EU will be hit with a 20% duty. Ad Feedback “We are deeply disappointed by the Trump Administration's decision to impose new tariffs on all imports, Show less Read more
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