Explained — Why textile stocks are under pressure and the next potential headwind

Textile stocks are already grappling with further uncertainties with regards to tariffs, after the US Supreme Court ruled the Trump Administration’s tariff policy to be illegal, post which, Donald Trump announced a 10% universal tariff on Friday, before raising it to 15% on Saturday, and warning of more to come in the future.

Leave a Reply

Your email address will not be published. Required fields are marked *