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Industry insiders: Trump's tariff plan will cause transportation costs to soar, just like in 2018.
Industry insiders in the shipping and retail industry have warned that Trump's plan to increase import tariffs after returning to the White House will cause a surge in freight prices and exacerbate inflation, just as he did when he was president before. Xeneta's data shows that after the Trump administration announced new tariffs in 2018, prices in the marine container transportation market soared by over 70%.
Express News | Destination XL: Approved Stock Repurchase Program, Co May Repurchase up to $15.0 Mln of Common Stock
It's Down 26% But Destination XL Group, Inc. (NASDAQ:DXLG) Could Be Riskier Than It Looks
Destination XL Group Is Maintained at Buy by DA Davidson
D.A. Davidson Maintains Destination XL Group(DXLG.US) With Buy Rating
D.A. Davidson analyst Michael Baker maintains $Destination XL Group(DXLG.US)$ with a buy rating.According to TipRanks data, the analyst has a success rate of 61.3% and a total average return of 6.3%
Q2 2024 Destination XL Group Inc Earnings Call