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As global economic uncertainty escalates due to Trump-era tariffs, industries across the board are bracing for impact.
Retailers are navigating volatile conditions that are squeezing margins and complicating pricing strategies. There is less room for error and more pressure than ever to protect your margins.
Keeping up with the latest effects has been challenging due to policy whiplash.
On April 9th, a 90-day pause on proposed tariffs was announced for all countries except China, Mexico, and Canada. In the interim, a 10% levy is in place. [1]
China has been the most affected, with total tariffs currently at 125%.
Trump also signed an executive order ending the de minimis regulations for China and Hong Kong, effective May 2nd – yet another blow to the clothing industry. [2,3]
While many countries, including Vietnam, are in trade negotiations with the US, China and Vietnam leaders met this week to sign agreements to strengthen cooperation in supply chains and railroad development. [4,5]
The Trump-era tariffs significantly impact U.S. apparel retailers, especially those sourcing from China, Vietnam, and Bangladesh.
Here is a breakdown of the initially imposed tariffs on key apparel-producing countries before the 90-day pause:
Aside from China, these countries currently sit at 10% pending negotiations during the 90-day pause. [6]
Without the right tools, retailers are left scrambling to adjust pricing and stay compliant with shifting regulations.
An AI-powered retail intelligence tool, however, provides the real-time insights retailers need to make precise, confident moves. Track initial price changes, monitor discounting depth and breadth across the market, and stay agile in an unpredictable retail landscape.
EDITED allows you to:
EDITED enables retailers to stay up-to-date on new product arrivals, pricing, and discounting fluctuations alongside category performance across each major market and take action accordingly. Check out the Tariff Tracker here.
Customers will be more price-sensitive. Know who your most profitable customer cohorts are and what they buy. With real-time pricing intelligence, you can also adjust to tariff shifts and maintain competitive pricing while protecting margins.
Access global market data to pinpoint pricing and assortment variations as tariffs impact markets differently. Localize your ranges and explore new and emerging markets for alternative expansion strategies.
By pinpointing which products are most affected by tariffs, you can swiftly adjust your assortments to focus on high-demand, low-tariff items, safeguarding profits and preventing costly overstock.
These are just four of the many ways EDITED’s Retail Intelligence Solution can support you in protecting against tariff turmoil. For more details, see our dedicated tariff management page.
Tariffs may be out of your control, but how you respond doesn’t need to be.
With margins under pressure and policies in flux, retailers need more than instinct; they need real-time, data-backed insights to act fast and stay profitable.
EDITED’s Retail Intelligence Platform empowers you to stay informed, agile, and competitive, no matter how unpredictable the global trade landscape becomes.
Read our research article “Tariffs: Strategy Support For Retailers” to learn more, or book a demo to see firsthand how EDITED can help your business.
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