A Year in Rhetoric: The Subjects and Statements That Defined 2024

Trade, regulation, sustainability and sourcing remained top of mind for industry insiders throughout 2024. But over the course of the past 12 months, a number of key topics emerged as year-defining themes for fashion.

A historic election made “tariffs” the year’s undisputed, if unexpected, buzzword. And in the wake of astronomical growth from players like Shein and Temu, “de minimis”—the trade provision that allows small e-commerce shipments to make their way to shoppers’ doorsteps duty-free—also got substantial play.

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With an incoming administration already shaking up the landscape for global trade relationships, trade agreements have become central to discussions in the fashion sourcing sector and beyond, while the concepts of nearshoring and onshoring have continued to gain traction. And a shifting regulatory atmosphere surrounding labor and the environment has brought about a focus on compliance.

Below is a compilation of the year’s most powerful and persuasive commentary on these subjects and more.

On Tariffs

“There’s going to be a new sheriff in town, and this sheriff loves tariffs. It’s what a lot of people in the industry have been modeling for, bracing for or planning around for some time now.” Steve Lamar, president and CEO of the American Apparel and Footwear Association (AAFA), following the presidential election.

“Can the president-elect be boxed in? You can’t box him in on anything. He’s un-boxable.” – Footwear Distributors and Retailers of America (FDRA) president and CEO Matt Priest on Donald Trump’s shifting tariff threats and whether he’ll follow through.

“We’ve been through this before, and so how do you prepare? You have to get your operations in order, you have to get your advocacy arguments in order. The disadvantage of the second Trump term is that they’ll come to you and say, ‘It’s been six years. What has taken you so long to get out of China?’” Josh Teitelbaum, senior counsel for international trade policy at Washington, D.C. law firm Akin-Gump.

“To one tariff will come another and so on, until we put our common businesses at risk.” – Mexican President Claudia Sheinbaum on Trump’s tariff threats against Mexico.

On De Minimis

“This is not just a wildfire for the U.S. textile industry, while it’s estimated that half of de minimis packages coming in of the 1.4 billion projected this year are expected to be textile and apparel goods. This is a gut punch to an industry that is critical to the U.S. economy and critical to our supply chains.” – National Council of Textile Organizations (NCTO) president and CEO Kim Glas.