Strategies for managing upcoming tariffs — ChainStoreAge.com

Trump’s proposed tariffs will pose challenges for retailers:

“Unless the higher costs created by tariffs can be passed on to the customers, consumer products companies will need to mitigate these changes or see their margins decrease. Among many factors, the cooling of price increases over the past 12 months, despite increased costs suggests consumer products companies may not have the power to raise prices to the same degree as they have in the past. Companies should act now to adjust their supply chain strategy for the likelihood of higher tariffs over the next few years.“

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