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Tariffs 101: Why women’s products cost more

Tariffs 101: Why women’s products cost more

Summary

Women's clothing and personal care products usually cost more than similar products for men, a phenomenon known as the "Pink Tax." New tariffs introduced by the Trump administration may impact these products and women's jobs. An expert explains these effects on a program called Now You Know.

Key Facts

  • The "Pink Tax" refers to the higher prices on women's clothing and personal care items compared to similar men's products.
  • Tariffs are taxes on imported goods, and new ones from the Trump administration could affect prices further.
  • Tariffs may increase the cost of products, including those affected by the Pink Tax.
  • Changes in trade policies can impact jobs, including those held by women.
  • Prachi Agarwal, an expert in trade policy, discusses these issues in a program called Now You Know.
  • Agarwal is connected to the International Economic Development Group at ODI Global.

Source Information