98% of clothing in the US is imported, with future prices expected to increase by 65% due to the impact of tariffs.
U.S. media reports that the U.S. government's tariff policy will lead to a significant increase in the prices of cheap basic clothing in the United States, adding to the expenses of some consumers. According to CNN, 98% of clothing products in the United States rely on imports. According to analysis by the Yale University Budget Experimentation Laboratory, under the impact of tariff policies, clothing prices in the United States may rise by 65% in the next year, and footwear prices may rise by as much as 87%. Among them, many cheap basic clothing items favored by American consumers, such as T-shirts for a few dollars, will be most severely affected by tariffs.
Latest