In light of President Trump's trade war, slow fashion could find an opportunity for growth as the fast fashion industry faces significant challenges. By imposing hefty tariffs and eliminating the de minimis exemption on imports from China, Trump is targeting low-cost retailers like Shein and Temu, which have dominated the fast fashion market. This shift encourages greater consumer awareness regarding the environmental and ethical impacts of clothing production, potentially giving rise to a more sustainable retail landscape where slow fashion can thrive against its fast counterpart.
Slow fashion emerges as a potential beneficiary from Trump’s global trade war, promoting sustainable practices in the face of a struggling fast fashion market.
The move to eliminate the de minimis exemption on Chinese goods aims to protect local retailers from low-cost imports that have saturated the market.
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