Elisabeth Buchwald | April 3, 2025
President Donald Trump on Wednesday launched a US trade war with every country via a barrage of tariffs that are set to go into effect almost immediately. American consumers and businesses stand to pay a hefty price for that battle.
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“The Trump tariffs will have a substantial impact on the fashion industry,” Stephanie Gauzens, a spokesperson for the US Fashion Industry Association, told CNN. Gauzens didn’t provide CNN with estimates on how much more Americans could stand to pay for clothing.