Trump’s tariffs will make almost everything you wear more expensive. Here’s why
Sending children back to school in new sneakers, jeans, and T-shirts is likely to cost U.S. families significantly more this fall if the bespoke tariffs President Donald Trump put on leading exporters take effect as planned, American industry groups warn.
About 97% of the clothes and shoes purchased in the U.S. are imported, predominantly from Asia, the American Apparel & Footwear Association said, citing its most recent data. Walmart, Gap Inc., Lululemon, and Nike are a few of the...