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Home Business

Trump’s new tariffs might not hit clothing retailers much now, but analysts warn price increases could backfire

3 February 2025
in Business
Trump’s new tariffs might not hit clothing retailers much now, but analysts warn price increases could backfire
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Lots of clothes on store shelves may become more expensive due to new tariffs from President Donald Trump. Despite three years of price increases and higher costs of living, some Wall Street analysts believe that consumers may be too fatigued to make purchases. The impact of the tariffs on consumer behavior remains uncertain.

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Tags: AnalystsBackfireclothinghitincreasespriceretailersTariffsTrumpswarn
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