Tariffs Hit Boots, Bags, and More as Leather Prices Jump — and Relief Could Be Years Away
Leather Prices Continue to Rise Amid Tariffs and Supply Chain Issues
Leather prices are expected to continue rising in 2026 due to the impact of tariffs on the global supply chain. The tariffs, imposed by the Trump administration, have crimped the supply of leather, leading to higher prices for consumers.
Impact on Domestic Manufacturing and Cattle Herds
Domestic manufacturing and cattle herds are also down, contributing to the shortage of leather. This has led to a surge in prices for leather goods, including boots, handbags, and furniture.
Relief Could Be Years Away
Relief from the rising leather prices may be years away, according to experts. The tariffs and supply chain issues will continue to impact the industry, leading to higher prices for consumers.
Conclusion
The rising leather prices are a result of a combination of factors, including tariffs, supply chain issues, and domestic manufacturing and cattle herd declines. Relief from these issues may be years away, leading to continued price increases for consumers.
Sources
[1] Tariffs hit boots, bags and more as leather prices jump — and relief could be years away