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0 -0.000206313183412379 -0.000206313183412379 -0.000206313183412379 -0.000206313183412379 -0.000206313183412379 0.0519909222199299 -0.0259954611099649
Stock impact report

Cheap things from China are poised to get pricey. Secondhand retailers are ready to take advantage [Yahoo! Finance]

Urban Outfitters, Inc. (URBN) 
Last urban outfitters, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.urbn.com/investor-relations
Company Research Source: Yahoo! Finance
biggest textiles exporters, including Bangladesh, Vietnam and Pakistan. The United States Fashion Industry Association — a trade organization representing the interests of importers, wholesalers and major retailers from Urban Outfitters to Walmart — said its industry “depends on global supply chains more than perhaps any other sector of manufactured goods.” And the tariffs have come directly for fast fashion, which has become a major segment of the American clothing market in the past decade. Shein and Temu make up 17% of the discount US market, according to a congressional report on China's e-commerce exports. The “de minimis exemption,” which allows packages worth less than $800 to enter tax-free into the United States, will be canceled for shipments from China starting May 2. The Trump administration has now implemented a tariff of 120% on those goods (or a “per postal item” cost of $100 starting May 2, which goes up to $200 on June 1). One retailer is celebrating, however. I Show less Read more
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