US Retailers Brace for Impact as Trump's 100% China Tariffs Loom
U.S. President Donald Trump's threat of additional 100% tariffs on Chinese imports has sounded alarm bells among retail and trade experts, who caution it could lead to more price increases and squeeze demand.
The fresh levies, set to take effect November 1, would come as shoppers and retailers enter the holiday shopping season - a period that typically accounts for a major chunk of annual retail sales - and dampen consumer sentiment, particularly among lower-income households.
The tariff threat could prompt a "pull-forward of shipments"
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