Trump's tariffs are worrying! NRF: Could reduce Americans' consumer power by $78 billion annually.
The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion to 78 billion dollars annually. Tariffs will lead to price increases for outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers. Wall Street investment banks have pointed out that comprehensive high tariffs could severely impact economic growth, potentially leading to collective price increases by retailers.
Amazon Is Beating Other Retailers on Price, but Here's How You Can Beat Amazon
Investors Eye New PMI, Consumer Sentiment Data: Catalysts
Chewy Is Maintained at Hold by Deutsche Bank
Express News | Chewy : Deutsche Bank Raises Target Price to $28 From $24
Chewy, Inc.'s (NYSE:CHWY) 25% Price Boost Is Out Of Tune With Revenues