After threatening 100% tariffs on Chinese goods starting 1 November, President Donald Trump confirmed on Thursday that he and President Xi Jinping reached an agreement for lower levies.

The “fentanyl tariff” (a tariff on China, Canada and Mexico, to encourage countries to stop the flow of the drug into the US) will be lowered from 20% to 10%, Trump told reporters on Thursday. The president added that the total tariffs on China will therefore reduce from 57% to 47%, though it isn’t clear how it’ll square up with the 55% tariff announced in June .

For fashion, the focus should be on the now 10% tariff and the worldwide 10% global reciprocal tariff on imports, says Stephen Lamar, CEO of the American Apparel & Footwear Association (AAFA). The total for brands importing products from China

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