The new 10% tariff on apparel, footwear and soft textiles that goes into effect on September 1 will inevitably result in higher costs  for consumers and added expense for companies.

If negotiations with China continue to escalate, the administration could retaliate by pushing tariffs up to 25% as was initially planned.

A report by the South China Morning Post has found that the price advantage of manufacturing in China has steadily  been declining. In the second quarter of 2018, the average retail price of fashion clothing manufactured in China was $27.70 per unit, only slightly higher than from Vietnam. By the endof  the first quarter of 2019, China’s cost has more than doubled to $69.50 per unit.

https://www.forbes.com/sites/walterloeb/2019/05/20/tariffs-will-shiftsourcing-from-china-and-may-force-closing-of-u-s-stores/#4c16aa365b53

Companies with a less flexible sourcing model are most likely to feel the pressure; businesses with the majority of their US-market production coming from China, and those with lower margins and less flexibility on pricing. Retailers such as Nike, VF Corp, Target and Walmart, with more flexibility with vendors, sourcing diversity and a large offering of non-tariff impacted products will find it easier to offset the additional costs.