The Hormuz crisis adds $0.99–$1.62 to every garment from Asia, which is a 10–16 per cent hit on $10 basics but just 2–4 per cent on $50 items.
War risk insurance, carrier surcharges up to $4,000/container, and surging bunker fuel stack into a de facto war tax on apparel.
Bangladesh and India face the sharpest blow as Gulf air hubs shut simultaneously.The Hormuz crisis adds $0.99–$1.62 to every garment from Asia, which is a 10–16 per cent hit on $10 basics but just 2–4 per cent on $50 items.
War risk insurance, carrier surcharges up to $4,000/container, and surging bunker fuel stack into a de facto war tax on apparel.
Bangladesh and India face the sharpest blow as Gulf air hubs shut simultaneously.
The hidden $1.62 war tax now embedded in every garment you source
