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NRF questions China tariffs — ChainStoreAge.com

By 8th & Walton | on October 12, 2023

Photo by Kenny Eliason on Unsplash

 

The NRF is questioning the wisdom of imposing tariffs on Chinese goods:

“That’s according to the National Retail Federation’s latest study, ‘Estimated Impacts of Changes to China’s Tariff Status,’ which finds that consumers could lose $31 billion in spending power if U.S. tariffs are raised on common household products like microwaves, t-shirts, toys, footwear and more imported from China. This figure comes out to $240 per household in higher prices for widely-used items.“

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About the Author


8th & Walton consists of retail industry experts with a combined 200+ years of Walmart and Walmart supplier experience. Having helped hundreds of CPG companies in their efforts to be better supplier partners to the world's most influential retailer, the 8th & Walton editorial team prides itself on being a go-to resource for Walmart supplier news and insights.

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