Tariffs hit boots, bags and more as leather prices jump — and relief could be years away

Leather prices are expected to continue rising in 2026 due to Trump's tariffs affecting the global supply chain, with domestic manufacturing and cattle herds down. Companies like Twisted X and Tapestry face higher costs and supply chain disruptions. The Yale Budget Lab projects leather goods prices to remain elevated by nearly 22% for the next one to two years. The U.S. leather trade deficit is significant, with heavy reliance on imports from China, Vietnam, Italy, and India.