The US-China trade war might make your bra more expensive

eing hit hard in the US-China trade war, which escalated on Monday after China announced plans to retaliate against the US increasing tariffs on certain Chinese goods to 25%. China plans to implement its own tariff hikes on US imports next month.

Alongside retailers like Gap and Abercrombie & Fitch—companies that rely heavily on Chinese vendors—Victoria’s Secret owner L Brands fell over 5% on news of the upcoming hikes.

L Brands, which also owns Bath & Body Works and Victoria’s Secret’s Pink brand, is heavily reliant on its Chinese suppliers, and counts the nation—along with the US, Sri Lanka, Vietnam, and India—as one of its main sources of imported goods.

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