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Trump's tariffs raise concerns! The National Retail Federation: this could reduce the consumer purchasing power of Americans by $78 billion each year.
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
New tactics against inflation! The consumer industry in the usa collectively prolongs "Black Friday".
In the face of stubborn inflation and rising prices, usa consumers are no longer impulsively "buying more", they are paying more attention to discounts and high cost performance. To cope with inflation and stimulate consumption, retail giants such as walmart and amazon have extended the "Black Friday" shopping festival from one day to several weeks. Analysis suggests that Trump's rise to power may further exacerbate the inflation situation.
Gordon Brothers Agents $150M Debtor-in-Possession Term Loan for Big Lots
Is american spending slowing down? The largest retail industry organization has issued a warning that the growth rate of year-end holiday consumer spending is slowing down.
Although the National Retail Federation expects total holiday season spending to reach a new high, persistent high inflation continues to erode consumer purchasing power. The growth rate of this year's most important holiday sales will be lower than last year, and household spending will be more cautious. Consumer spending is a key pillar of the US economy, insufficient consumption power may lead to a pessimistic outlook on the economy.
BIG LOTS EXPANDS CREATOR, PUBLISHER PARTNERSHIP OPPORTUNITIES WITH LAUNCH OF AFFILIATE PROGRAM
U.K. Shoppers Keep Spending Amid Summer Sun