Officials Oooh Can Do It Mr Meeseeks Logo Shirt
The knock-on effects may not only come from brand behaviour, Rakib says. “Since the tariffs have been imposed on other apparel-producing countries of the world as well… our concern is declining demand in the American markets in the long run because of rising inflation and high prices.” A joint statement from the National Garment Workers Federation (NGWF) and United Garment Workers Federation (AGWF) released on 8 April highlighted concerns about Bangladesh’s economy, social progress, and garment workforce in the wake of tariffs, due to its economic reliance on the RMG sector and the volume of garment exports to the US. “This will jeopardise the livelihoods of over 3.5 million female garment workers,” said NGWF president Amirul Haque Amin in the statement.Officials Oooh Can Do It Mr Meeseeks Logo Shirt
Compounding potential demands for discounted rates, paused or cancelled shipments, and waning consumer sentiment is another threat: relocation. Though Trump’s grand vision is “better-paying American jobs making beautiful American-made cars, appliances, and other goods”, mass reshoring appears an unlikely scenario. Fashion brands interviewed by Vogue Business have pointed to the fact that the US simply doesn’t have the breadth of raw materials needed. Brands are exploring US distribution centres and bonded warehouses to delay duty payments and keep consumers sweet amid tariff chaos. The benefits are big, but costs are high. Meanwhile, 61 per cent of respondents to a CNBC survey of 380 people working in or representing the supply chain (including members of the US Chamber of Commerce, the National Association of Manufacturers, Footwear Distributors and Retailers of America, and the American Apparel and Footwear Association) said it would be more cost-effective to relocate supply chains to lower-tariffed countries — which include Cameroon, Malawi, the Philippines and Venezuela — as establishing domestic supply chains would at least double current costs.
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