Trump’s Trade Policy May Boost Secondhand Fashion As Cost-Conscious Consumers Dodge Tariff-Driven Price Hikes

Benzinga

According to the Associated Press, secondhand clothing retailers may gain from President Donald Trump’s new tariffs. Analysts say the shift could send more cost-conscious shoppers to thrift stores and resale apps like Poshmark, Depop, and eBay. Pre-owned items are not subject to tariffs unless imported. The resale market was already expanding, as downloads for major resale apps rose 3% last quarter. Retailers like TJ Maxx may also benefit due to their existing U.S.-based surplus stock.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Second-hand clothing retailers may gain for President Donald Trump's new tariffs,

00:06according to the Associated Press.

00:08Analysts say the ship can send more cost-conscious shoppers to thrift stores

00:11and resale apps like Poshmark, Depop, and eBay.

00:15Pre-owned items are not subject to tariffs unless important.

00:18The resale market was already expanding as downloads for major resale apps

00:22rose 3% last quarter.

00:24Retailers such as TJ Maxx may also benefit due to their existing U.S.-baked surplus stock.

00:28For all things money, visit Benzinga.com slash GSTV.

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