Goldman Sachs Warns Tariffs Will Hit Apparel And Home Furnishings Hardest, Highlights Most Exposed Stocks
1. Tariffs on imports will rise, impacting major sourcing countries significantly. 2. Apparel and footwear industries may see average tariff increases up to 38%. 3. Retail brands like Nike and Lululemon face risks from new tariffs. 4. Home furnishing companies are particularly vulnerable due to high Asia exposure. 5. Retailers selling essentials like Walmart may be less affected by tariffs.