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00:00Clothing retailers across the U.S. are delaying orders and have a freeze on hiring after tariff hikes affected products imported from Vietnam and China.
00:11Businesses like Nike and Lululemon face offsetting the cost of tariffs by raising prices by 40%, potentially damaging sales or absorb the cost increase and further strain already than profit margins.
00:30Businesses like Nike and Lululemon face offsetting the cost of the U.S. and the U.S. and the U.S. and the U.S.