Here is a summary of the article in 100 words:
President Trump’s new tariffs on goods from China, EU, and other countries are expected to raise prices for consumers, affecting the fashion industry. Economists warn that tariffs could cause a global recession and lead to a 20-25% price increase on apparel. Fashion industry professionals are concerned about the impact on domestic manufacturers, independent designers, and small brands. Some say the tariffs will lead to price increases, while others believe brands will absorb the costs for the next two quarters. The article quotes various industry experts, including fashion designers, retailers, and economists, on the potential effects of the tariffs.
