Trump's tariffs could be a major boon for secondhand stores

"American styles carry international influence, but nearly all of the clothing sold domestically is made elsewhere. The Yale University Budget Lab last week estimated short-term consumer price increases of 65% for clothes and 87% for leather goods, noting U.S. tariffs disproportionately affect those goods."

"I think resale is going to grow in a market that is declining. What I think is going to continue to win in this chaotic environment are channels that bring value."

"Until I see it and really have that sticker shock, I can't say exclusively that I'll be pushed into another direction. I think that the tariff part of it is that you definitely rethink things."

As U.S. tariffs impact the retail market, experts predict a surge in secondhand clothing sales as consumers look for budget-friendly options. With significant price hikes projected—65% for clothing and 87% for leather goods—cost-conscious shoppers are expected to turn to online resale platforms and thrift stores. Resale expert Kristen Classi-Zummo forecasts growth in the secondhand market despite potential uncertainties surrounding pricing and consumer behavior. Other voices in the industry highlight that while tariffs may alter buying habits, the long-term effects remain uncertain as consumers await tangible impacts.

Read at Fast Company