President Donald Trump’s tariff war will likely cost women more than men, a move which has a long-standing history, according to a CNN report.
In the 1930s and 1940s, women’s clothing was a smaller industry. Trade experts believe, “US textile and apparel manufacturers at the time were more focused on lobbying to lower tariffs and end trade barriers on men’s clothing,” thus setting the precedent/policy known as “pink tariffs.”
Before the onslaught of tariffs, research from the Progressive Policy Institute noted, “Women pay an average extra dollar per garment compared to men, costing them more than $2 billion a year.”
The President’s 10 percent (or higher) tariffs on most trading partners will “easily” make the prices on the latest women’s fashion trends to “go higher,” it states. According to the report, “Tariffs on women’s clothing are currently about three percent higher than men’s.”
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The outlet broke it down in “individual terms” saying, “Women’s suits in 2017, for example, were subject to a 15.1% tariff rate, while men’s suits were subject to a 13.3% tariff. Women’s underwear was hit with a 12.8% tariff, while men’s underwear had an 8.6% tariff.”
However, there are women in congress who are attempting to reverse course for women, “This year, two Democratic lawmakers, Rep. Lizzie Fletcher of Texas and Rep. Brittany Pettersen of Colorado, introduced legislation known as the ‘Pink Tariffs Study Act‘ that would direct the Treasury Department and other agencies to examine the impact of tariffs on women and other consumer groups.”
Quoting the Bureau of Labor Statistics, CNN wrote, “Trump’s tariffs will ultimately impact women more than men because women spend more money on average on clothing. In 2023, household spending on women’s apparel averaged $655, compared with $406 for men’s apparel.”