Trump’s new tariffs might not hit clothing retailers much now, but analysts warn price increases could backfire
Lots of clothes on store shelves could get a bit more expensive as a new round of tariffs from President Donald Trump takes hold on Tuesday. But after three years of price increases and higher costs of living, some Wall Street analysts say shoppers still might be too worn out to buy any of it.
Lots of clothes on store shelves could get a bit more expensive as a new round of tariffs from President Donald Trump takes hold on Tuesday. But after three years of price increases and higher costs of living, some Wall Street analysts say shoppers still might be too worn out to buy any of it.
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