Two Blokes

Apparel Firms Feel The Bite From U.S. Import Tariffs

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    Posted by Two Blokes Jul 8 - Filed in General - #TwoBlokesTrading  - 4 views
    The major apparel retail and manufacturing firms are cutting their earnings estimates and outlining plans to mitigate the impact of US import tariffs. We see evidence of front-loading of inventories, with US seaborne imports of apparel having increased by 14.5% year-over-year in April before reversing in May.