Agenda-setting intelligence, analysis and advice for the global fashion community.

Trump Says Canada, Mexico Tariffs to Take Effect, Adds New China Duty

The president had paused the sweeping duties on Canada and Mexico on Feb. 3 for one month after both countries’ leaders announced new border security measures.

A cargo vessel crosses the Suez Canal in Egypt, shortly after Yemen-based militants started attacking ships in the Red Sea along the crucial Asia-Europe trade route. — The new tariffs on China come on top of a previous 10 percent duty he allowed to take effect earlier this month. (Shutterstock)

Bloomberg

27 February 2025

BoF PROFESSIONAL

President Donald Trump said 25 percent tariffs on Canada and Mexico are on track to go into place on March 4, and said he would impose an additional 10 percent tax on Chinese imports, moves that would deepen his fight with the nation’s largest trading partners.

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Trump Stirs Tariff Pot With Fresh Threats on EU and a Feb 1 Deadline for China

US President Donald Trump has vowed to hit the European Union with tariffs and said his administration was discussing a 10 percent punitive duty on Chinese imports because fentanyl is being sent from China to the US.

Trump Says Tariffs on Mexico, Canada ‘Going Forward’ Next Month

The Trump administration confirmed that tariffs on Canada and Mexico will take effect next month as planned, following a delay for the countries to address his concerns over border security and illegal immigration.

Trump Tariffs Would Test Luxury’s Pricing Power

Executives at Hermès and Kering said last week they could leverage their brands' cachet to absorb any additional duties.

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Senior leaders from L’Oréal, LVMH, Sephora, Coty, Augustinus Bader, Clarins, Violette_Fr, Sunday Riley and more attended an intimate community breakfast in Paris on building brand resilience and relevance in a slowing economy.

Trump’s Options After the Supreme Court Said His Tariffs Are Illegal

Hours after the Supreme Court issued its decision, Trump began relying on alternative legislation to try to rebuild his tariff wall.

Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%

The new announcement stirred up more economic turbulence as president Trump lashed out at the US Supreme Court.

The Supreme Court’s Tariff Ruling: What Fashion Needs to Know

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Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.

The Zara-Fication of John Galliano

Fashion’s enfant terrible is trading exclusivity for the mass market. Is it the ultimate fashion coup, or the final surrender of prestige?

The Impact of War on Fashion’s Supply Chain

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Bella Freud on Fashion and the Art of Getting People to Open Up | The BoF Podcast

The designer and podcaster joins Imran Amed to reflect on the emotional power of clothes, what Vivienne Westwood taught her about rebellion and how Fashion Neurosis has unlocked a new chapter in her creative life.

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Agenda-setting intelligence, analysis and advice for the global fashion community.

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