US Imposes Record-High Tariffs on Global Apparel Imports
US President Donald Trump announced the highest and most comprehensive tariffs in nearly a century, targeting major apparel manufacturing hubs with significant levies. A baseline tariff of 10% is applied to all imported goods, while countries with trade deficits face rates as high as 46% (Vietnam), 49% (Cambodia), and 37% (Bangladesh). China’s tariff rate increases … Read more