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How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

  • China blacklisted PVH Corp., owner of Calvin Klein, which may lead to store and manufacturing shutdowns due to the trade war initiated by President Donald Trump.
  • The blacklist allows China to impose fines and restrict business activities for PVH, which has significant operations in the country.
  • PVH expressed surprise and disappointment over the decision, affirming its compliance with laws and hope for a positive resolution.
  • Experts suggest PVH's situation may be used as leverage in U.S.-China trade negotiations, affecting its operations and supply chains significantly.
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CNN broke the news in Atlanta, United States on Wednesday, February 5, 2025.
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