Tariffs could devastate bridal gown industry, reps say

//Tariffs could devastate bridal gown industry, reps say

Tariffs could devastate bridal gown industry, reps say

President Trump’s proposed higher tariffs on goods from China would devastate the U.S. wedding dress industry, which relies heavily on imported fabric and trims to create its designs, industry representatives said this week at a hearing conducted by the Office of the U.S. Trade Representative. Stephen Lang, owner of New Jersey-based Mon Cheri Bridals, testified that the U.S. bridal industry could be out of business in a year if a 25 percent tariff is enacted, Fortune reported. Even gowns that…

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By | 2019-06-21T21:14:23+00:00 June 21st, 2019|Budget and Tax|

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