Summary
Tariffs, which are taxes on imports, are affecting the bridal gown market. Most wedding dresses are designed in the U.S. but manufactured in China, and these dresses are now subject to these taxes.
Key Facts
- Tariffs are taxes placed on goods that are brought into a country from abroad.
- Most bridal gowns are designed in the United States.
- The actual manufacturing of these dresses mostly happens in China.
- These gowns are now affected by tariffs due to their foreign production.
- Couples buying wedding dresses may notice changes because of these tariffs.