Why more shoppers are turning to secondhand retail in the U.S.

The global secondhand apparel market is expected to reach $367 billion by 2029, growing almost three times faster than the overall global apparel market. For years, Gen Z shoppers have been driving the rise of secondhand fashion. Now, rising prices and new tariffs announced by the White House earlier this year are pushing even more Americans to follow their lead. CNBC got a behind-the-scenes look at ThredUp’s operations to learn more about why more Americans are all in on thrift clothes.