American clothing retailers plead: Stop the tariffs, or I will go bankrupt

Wallstreetcn
2025.05.09 02:07
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American clothing retailers are trying to engage in dialogue with the Trump administration, pleading for the cessation of tariffs and an extension of the transition period; otherwise, many small businesses will face bankruptcy due to cash flow shortages. They emphasize that frequent supply chain adjustments and high tariffs have made business operations extremely difficult, and they urgently need more time to adapt to policy changes

American clothing retailers are trying to engage in dialogue with the Trump administration, pleading for the cessation of tariffs and an extension of the transition period; otherwise, many small businesses will face bankruptcy due to cash flow shortages. They emphasize that frequent supply chain adjustments and high tariffs have made business operations extremely difficult, and they urgently need more time to adapt to policy changes