Impish4249<p>Walking through an <a href="https://mastodon.social/tags/OldNavy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OldNavy</span></a> store (budget clothing in USA) &amp; noting that everything I'm checking is made in <a href="https://mastodon.social/tags/Vietnam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Vietnam</span></a> or <a href="https://mastodon.social/tags/Bangladesh" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bangladesh</span></a>. I don't remember what the <a href="https://mastodon.social/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a> on Bangladesh was but 96% rings a bell for Vietnam. Old Navy, like most retailers in their space, has something like 7-10% margin. Prices here will effectively double leaving <a href="https://mastodon.social/tags/lowincome" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lowincome</span></a> &amp; <a href="https://mastodon.social/tags/middleincome" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>middleincome</span></a> folks in a pinch and Old Navy and similar companies in trouble. Everyone is in trouble.</p><p><a href="https://www.nytimes.com/2025/04/06/world/asia/vietnam-trump-tariff-delay.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/04/06/world/a</span><span class="invisible">sia/vietnam-trump-tariff-delay.html</span></a></p>