Clothing retailers to pump brakes on orders, hiring due to tariffs
President Donald Trump’s tariffs pushed some American clothing and accessory retailers to pump the brakes on orders and hiring.
Smaller sellers of clothing and shoes without massive supply chains rely on Vietnam and China for products, Reuters reported.
Vietnam and China, both major producers of apparel and footwear, were among the slew of countries that were hit by tariffs that the Trump administration unveiled last week.
Those tariffs included a baseline levy of 10% on imported...