Recent announcements of sweeping tariffs on imports from Vietnam and other countries have sent shockwaves through the fashion and retail sectors. Major brands like Nike, Gap, and Levi’s, which have spent years diversifying their supply chains away from China, now face enormous challenges as increased tariffs threaten to raise prices on popular items such as sneakers, jeans, and luxury watches. Analysts warn that these tariffs could lead to a surge in clothing prices, adversely affecting consumers and potentially setting the industry back decades. Stock prices for retailers including Macy’s and Target have plummeted amid fears of heightened costs, while companies like Nike have seen their market value decrease significantly in response to the ongoing tariff crisis. Many experts predict that if the tariffs remain in place, the footwear and apparel sectors could experience catastrophic impacts, pushing prices to levels that could render everyday items unaffordable for many Americans.