A Reality Check for Tariff Refunds
The promise of tariff refunds in 45 days might be
Materials Prices | February 19, 2025
When people don’t know what to do, they tend to do nothing. This is the case for many buyers who uncertain of where the market might be going, opt to ‘play it safe’ and sit on the sidelines – for awhile.
The chaos around US import tariffs is starting to settle into a pattern of sorts, but people are still reluctant to place any bets.
Thus most people are sitting tight and waiting until the last minute to place orders.
This is unnerving for mills and manufacturers, but then no brand wants to face the inventory glut that resulted from trying to get ahead of pandemic-era logistics challenges.
That lesson is still fresh in many brands’ minds.
SOURCING & SUPPLY CHAIN
Two-day transit times and duty-free access under USMCA are reshaping
Rising energy prices could be even more disruptive than tariffs
Materials prices face greater upward pressure as geopolitical tensions heat
US tariffs enter a 150-day holding pattern that means continued