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The global fashion industry was left stunned on Wednesday after President Donald Trump announced the highest and most comprehensive tariffs in nearly a century, with the most severe levies reserved for some of the biggest apparel manufacturing hubs.
In an address from the White House rose garden, Trump announced a baseline tariff of 10 percent on all imported goods. However, tariffs were set significantly higher on roughly two dozen countries where the US runs a trade deficit, with many of…
