Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Adidas, Uniqlo, Nike And Gap Brace For Bigger Tariff Bills And Tough Choices On US Shelf Prices

New,York,Ny,Usa-september,22,,2023,Shopping,In,A,Supermarket

Apparel heavyweights from Japan's Fast Retailing to Germany's Adidas warned they will likely raise U.S. prices as President Donald Trump moves ahead with steep new tariffs on key garment-making hubs, Vietnam, Cambodia and Bangladesh.

What Happened: Bangladeshi apparel will face a 20% levy, Cambodian goods 19%, and Vietnamese shipments 20% after a last-minute compromise, White House statements and Reuters documents confirm.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.