The president’s steep tariffs and erratic moves have turned manufacturing abroad into a minefield, even for entrepreneurs who set up in countries viewed as safe alternatives to China. This has created a challenging environment for businesses, as the increased costs of shipping, marketing, and compliance with trade regulations have significantly impacted profit margins.
Ruthie Davis, a prominent figure in the fashion industry, has faced particular difficulties. Her high-end shoes, which retail for $500 to $1,000, are now being affected by these trade policies. The additional costs associated with tariffs and other trade barriers have made it hard for her to maintain profitability, despite her brand’s premium positioning. This situation highlights the broader impact of Trump’s trade policies on the global manufacturing sector.