By  on June 11, 2019

“In these times, you know, sometimes just surviving is OK,” said a glum attendee mingling at Monday night’s ACE Awards. While not typical chatter for a gala celebrating achievement in the accessories category, President Donald Trump’s Chinese trade war tariffs had cast a dark mood in the room.

The tit-for-tat trade showdown has already resulted in the lynchpin handbag category being slapped with an additional 25 percent import tax. Recent reports have suggested that all other categories not already subject to new tariffs could come next — thus placing apparel, eyewear, home goods, jewelry and the rest of the fashion industry in the position of political pawns.

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