How a Canadian suit maker got slammed by Trump’s China tariffs


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Rick Khanna, co-owner of men’s clothing company Spier and Mackay, at his Mississauga warehouse on May 16.Jennifer Roberts/The Globe and Mail For American customers of Spier & Mackay, a Mississauga-based retailer of men’s clothing, prices have been on a topsy-turvy ride this month. A standard navy suit went from roughly US$498 before tax, to US$1,345 and now US$772 – something entirely out of the company’s control. That’s because the suit – stitched from 100-per-cent wool and, more importantly, made in China – ran afoul of the Trump administration’s trade war with Beijing, which has resulted...