Most Retail Executives Expect Trump to Walk Back ‘Reciprocal’ Tariffs, Survey Finds

Even retail executives are bullish on the "TACO trade."

Following weeks of shifting trade policy, early deals and winding court challenges, some retail executives are starting to feel more optimistic about President Donald Trump's so-called reciprocal tariffs, a new survey from consulting firm AlixPartners shows.

The survey, which polled executives from brands, retailers and other consumer companies on June 1, found most respondents expect the president will walk back those steep duties on the European Union, Vietnam, India and Mexico after a 90-day...

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