Gap Anticipates Heightened Tariff Impact, Projecting Annual Costs to Potentially Rise to $175 Million
2025-08-29 / Read about 0 minute
Author:小编   

On Thursday, U.S. apparel retailer Gap Inc. disclosed that due to shifts in trade policies, the tariff impact for the current fiscal year has surpassed initial projections. The overall estimated cost is now between $150 million and $175 million. Initially, Gap had anticipated annual additional tariff costs to reach $300 million, but it is now working to alleviate this burden by adjusting its procurement and pricing strategies.