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As US President Donald Trump revealed his new tariff policies, fashion stocks immediately plunged, with Ralph Lauren’s shares falling 7% in after-hours trading.

What Trump’s tariffs mean for fashion

Marc Bain and Joan Kennedy April 3, 2025

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style. (CNN) — The global fashion industry was left stunned on Wednesday after US President...

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