Against this backdrop in Europe, the US fashion sector is also facing trade-related risks. According to the United States Fashion Industry Association’s 2018 Fashion Industry Benchmarking Study, “protectionist trade policy agenda” in the US is the number one business challenge. Before 2017, it never ranked higher than eight. The US has announced tariff hikes on $200 billion of goods from China including clothing.
Business of Fashion: The Year Ahead - Trade Reshaped by Uncertainty