Fashion Briefing: Fashion resale is already benefiting from fear of tariffs

This week, we take a look at the effects that President Trump’s tariff chaos is already having on fashion resale, as well as how some brands are negotiating with manufacturers and retailers to avoid price increases.

In the last week, the economic freakout about the Trump administration’s new tariff policy reached a fever pitch. The Dow Jones Industrial Average, a measure of the U.S. stock market, dropped 320 points on Tuesday as business leaders across the country lamented the new tariffs. Then, on Wednesday afternoon, those tariffs were delayed for some countries by another 90 days, in yet another last-minute shift, sending the stock market surging back up.

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