Retailers Win Tariff Relief on Supreme Court Ruling
Original Report
Gap, Aritzia and Urban Outfitters are among apparel retailers that should see margins expand, with the US' global tariff set at 15% -- vs. an average 20% for the sector -- after the Supreme Court...
Gap, Aritzia and Urban Outfitters are among apparel retailers that should see margins expand, with the US' global tariff set at 15% -- vs. an average 20% for the sector -- after the Supreme Court struck down President Donald Trump's sweeping levies. Trump revised the blanket rate less than a day after announcing a 10% level, and is expected to pursue higher tariffs on China under Section 301. Bloomberg's Mary Ross Gilbert joins to discuss her research on the retailer sector and how tariffs are effecting certain brands. (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Mortgage rates just dropped below 6%, matching lowest level since 2022
Mortgage rates dropped below 6%, matching their lowest levels since 2022, as economic concerns over tariffs and a recent GDP report cause bond yields to drop.
Congress must enact Trump’s tariffs now to steer the U.S. from a massive revenue cliff
Tariffs need to become law or the federal budget will take a hit. Lawmakers have less than 150 days to decide.
How Domino's is trying to double its business during a rough patch for big pizza rivals
Domino's Pizza posted better-than-expected earnings and said it is winning over lower-income diners with value offerings.
Airlines cancel thousands of flights as blizzard cripples East Coast airports
American, Delta, JetBlue, United and others waived change and cancellation fees ahead of another massive winter storm.