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.
Concerns over Trump's tariffs! They may cause a reduction of 78 billion dollars in consumer purchasing power for people in the usa each year.
A report from NRF shows that if new tariffs are implemented, usa consumers could lose between 46 billion and 78 billion dollars in consumer spending each year, or lose between 362 and 624 dollars per household.
Shoppers Are Picky Heading Into Black Friday. Retailers Could Win or Lose Big. -- WSJ
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