Tariffs news and archive

Amazon says will not show US tariff costs on products

Online retail giant Amazon on Tuesday said it had decided against showing consumers how much US President Donald Trump's tariffs have contributed to the price tag on its goods. "The team that runs our ultra low cost Amazon Haul store considered the idea of listing import charges on certain products. This was never approved and is not going to...

BusinessFeaturedMember

Shein hikes prices, as tariffs hit ultra fast fashion sector

Shein’s recent US price hikes highlight the effects of Washington’s decision to scrap the “de minimis” exemption for small parcels from China and Hong Kong. In late April, Shein raised prices across its catalogue—beauty and health items surged by an average 51 percent, home goods by over 30 percent (including a 377 percent spike for a...

Retail

Shoppers from abroad are no longer flocking to American stores

For global consumers, the United States has long been more than just a travel destination—it is a retail and fashion mecca. From the flagship boutiques of New York’s Fifth Avenue to the sprawling designer outlets of California and Florida, the U.S. has offered international visitors a potent mix of local and luxury brands, competitive pricing,...

BusinessMember

TikTok exploits trade war to shift fake luxury goods

TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. But while these "revelations" are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content...

Business|OPINION Featured

Trump's tariffs: Unexpected boom for second-hand clothing market

Around a month ago, Donald Trump turned his favourite word ‘tariffs’ into a much-feared reality. The result? Panic in the fashion world, stock market prices that are trembling, and brands that are frantically calculating price increases in Excel spreadsheets. Because one thing is certain: ‘new’ will soon be a lot more expensive. But while brands...

BusinessMember

German finance minister Kukies: US has interest in agreement in tariff conflict

The acting German finance minister, Jörg Kukies, sees a good chance of an agreement in the international trade conflict. US representatives made it clear during discussions within the G7 and G20 groups that there was great interest in reaching an agreement, the Social Democratic Party politician said on the sidelines of the International...

BusinessFeaturedMember

A lingerie brand ‘made in America’ threatened by Trump's tariffs

Los Angeles - After years spent in underground workshops in California, Francisco Tzul managed to get a job with an ethical lingerie brand 'Made in America'. But the garment worker now fears losing his job because of Donald Trump's tariffs. Since his return to power, the new American president has launched a protectionist offensive and triggered...

BusinessMember

Louis Vuitton raises U.S. handbag prices amid tariff concerns

Louis Vuitton has quietly raised the prices of several handbags in the United States— a move analysts interpret as a preemptive response to the threat of U.S. tariffs on European imports. The adjustment comes on the heels of Hermès’ announcement earlier this month that it will implement a 10 per cent price increase. According to a recent price...

Fashion Featured

America’s resale market poised to gain amid tariffs

As the U.S. administration ramps up tariffs on imported goods, the fallout for global fashion is already becoming apparent. From European luxury houses to Chinese fast fashion giants, industry players are bracing for squeezed margins, disrupted supply chains, and dampened demand from increasingly cost-conscious American consumers. The new wave...

BusinessMember

U.S. retail braces for tariff disruption as consumers pull forward demand

Fashion and retail professionals are watching closely as fresh U.S. tariff threats begin to ripple through consumer behavior and supply chain strategy. Recent visitation data from Placer.ai suggests that the industry is already feeling the effects. According to Placer.ai, foot traffic in the week of March 24–30, surged at warehouse clubs and...

BusinessMember

China turns inward as U.S. tariffs upend export-driven retail models

As escalating U.S. tariffs reshape the global trade landscape, Beijing is pivoting towards domestic consumption to shore up its export-reliant industries. The move, which carries significant implications for the international fashion supply chain, signals a critical rebalancing of China’s manufacturing-led growth model. In a joint statement...

BusinessMember

French companies resist Paris' call

Paris - Since the publication of the AFP article on Sunday, April 21st, regarding the tensions between major French companies and the political powers — an in-depth piece outlining the positions taken by Bercy to encourage several groups to suspend their American projects — none of the main groups concerned — LVMH, Schneider Electric, CMA CGM —...