As Donald Trump readies himself to be officially inaugurated as the 47th president of the United States of America, the nation’s apparel and textile sectors brace for impact, certain there will be a swathe of changes to the usual way of conducting business.
Hannah Abdulla | January 20, 2025
Trump is set to sign “close to 100 executive orders” on his first day in office which he confirmed during a speech on Sunday (19 January) and apparel and textiles are likely to be impacted. ...
Meanwhile, United States Fashion Industry Association (USFIA) president Julie Hughes noted: “The top worry is tariffs”.
“Will Day One be “tariff armageddon?” Or will it be the start of negotiations with key trading partners under the threat of tariffs? We are watching for that signal.”
Beyond this, she said immigration actions and how supply chains would be impacted would also be something she’d be looking out for.
But she reiterated: “The real focus will be to see what happens with tariffs and how quickly they may go into effect.”