Abercrombie, Levi Strauss Lament Apparel Tariff Threat

Any trade war that emerges between the U.S. and its allies would have far-reaching consequences for consumers worldwide, according to apparel companies Levi Strauss & Co. and Abercrombie & Fitch Co.

The companies expressed their concern ahead of threatened tit-for-tat tariffs from the European Union, Canada and Mexico on U.S. goods such as jeans, Harley-Davidson motorcycles and bourbon. The EU measures would be a response to U.S. duties on imported metals from the EU, Mexico and Canada starting Friday.