US thrift stores bank on windfall from Donald Trump’s tariffs

Clothing reseller calls out damaging impacts of current fashion trend: 'It was much more niche'

Textile waste is one of the most concerning issues of our time. The average American tosses 82 pounds of clothing every year, per Earth.org, adding up to 11 million tons of textiles in U.S. landfills. To combat these numbers, many people have switched to secondhand shopping to refill and update their wardrobes, looking to platforms such as Poshmark and Depop. However, while these platforms started with sellers who prioritized vintage and well-ma…

Sellers of secondhand clothes prepare for tariffs to give their businesses a boost

Stores selling secondhand clothing, shoes and accessories are poised to benefit from the Trump administration’s trade war even as global businesses race to avoid potential damage. President Donald Trump’s tariffs are expected to drive up new clothing costs since nearly…

North Carolina business owners respond to Trump's tariffs

President Trump recently announced sweeping tariffs on imports from nearly every country in the world, a move that will drive up costs for both consumers and small businesses, economists say. Some North Carolina business owners are speaking up about it. “Nothing is safe from these tariffs,” Vince Tursi, a co-founder of the Asheville brewery DSSOLVR, said at a news conference recently. Tursi was one of multiple North Carolina business owners who…

Japan’s Ruling Party Set to Give Emergency Proposal on Tariffs

The ruling Liberal Democratic Party on Monday is set to make an emergency proposal in the wake of the US tariffs, urging the government to strengthen loan support for companies and boost domestic demand, according to documents seen by Bloomberg.

US thrift stores bank on windfall from Donald Trump’s tariffs

Second-hand goods could be in vogue when levies lift prices for imports, analysts say