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What’s Happening: The US is barreling toward an Aug. 1 deadline that could dramatically reshape the cost structure of global fashion. If new trade agreements aren’t finalised by then, sweeping tariffs — up to 50 percent on some imports — will go into effect immediately, the Commerce Department confirmed last week.
Trump’s Checklist: Most recently, the Trump administration said it had struck deals with Japan, Indonesia and the Philippines, which join Vietnam and the UK on the list of…
