A US Clothing Brand On the Existential Threat From the Tariffs
Episode publishedPodcast: Odd LotsOdd Lots
Transcript preview
Preview only
You're listening to an iHeart podcast.
You know what's great about your investment account with the big guys? It's actually a time machine. Log in and Zoom. Welcome back to 1999. It's time for an upgrade. At public.com, you could invest in almost everything. Stocks, bonds, options, and more. You could even put your cash to work at an industry leading 4.1% APY. Leave your clunky outdated platform behind at public.com. Go to public.com/podcast and fund your account in five minutes or less. Paid for by Public Investing Inc, member FINRA and SIPC. Full disclosures at public.com/disclosures.
Hiscox Small Business Insurance knows there is no business like your business. Across America, over 600,000 small businesses from accountants and architects to photographers and yoga instructors look to Hiscox Insurance for protection. Find flexible coverage that adapts to the needs of your small business with a fast, easy online quote at hiscox.com. That's hisc0x.com. There's no business like small business. Hiscox Small Business Insurance. Bloomberg Audio Studios. Podcasts, radio, news.
Hello, and welcome to another episode of the Odd Lots podcast. I'm Tracy Alloway.
And I'm Joe Weisenthal.
Joe, we've been inadvertently doing a tariff series Yeah. Basically on what the trade restrictions mean for a bunch of different
industries. So funny. I read your mind. Yes. It's like we have to go down the list. There's actually it's impossible. You know, every industry is gonna be affected by tariffs a different way, and it's there's this temptation, like, okay. Let's just talk to someone from literally every single industry. Today, on May 7, we released an episode talking about the video game industry. But, yes, we could we could go down the line of every category within GDP and learn something.
Video games, lentils Yes. The the important stuff. No. So when we're talking about tariffs, I think one of the really big industries that is obviously gonna get impacted has to be clothing and textiles. Right? So we know places like China, Vietnam, Sri Lanka, Bangladesh are huge textile exporters. Yep. And so we should talk about that and and what it actually is like if you're running a clothing business in The US to source textiles from abroad. You
know what's funny? I was at, I was at some event for my school Mhmm. And, I ran into a fellow dad or for my kid's school, and I ran into a fellow dad with a clothing company, like, the two days after the initial tariffs were revealed in early April. He was talking about he was gonna add a, a button on his website amid some sort of athletic gear talking about, like, this is the pre and post tariff price. He was talking about how it might make sense in certain circumstances to move some of his manufacturing outside The US, especially what he sells to non US customers. So much in textile, specifi
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.