NRF: Tariffs could result in higher prices, slower sales — ChainStoreAge.com

Tariffs proposed by the new presidential administration could have a negative impact on consumer spending:

“Donald Trump’s proposed tariffs could result in much higher prices on a wide array of goods — including up to a 29% spike in footwear prices and up to a 31% hike in household appliances — and cost consumers $362 to $624 annually per household.“

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