Tag: tariffs
CNBC/NRF Retail Monitor Shows March Sales Grew Moderately Amid Tariff Concerns
Retail sales grew modestly in March after two months of declines, driven partly by consumers stocking up ahead of rising tariffs.
Import Cargo Levels to Drop Sharply Amid New Tariffs and Uncertainty
Due to new sweeping tariffs, US import cargo at major ports is expected to drop sharply starting next month, with imports predicted to fall by at least 20 percent in the second half of 2025.
CNBC/NRF Retail Monitor Shows February Sales Were Down Amid Tariff Concerns
Retail spending declined on a monthly basis in February amid concern over tariffs, but continued to grow year over year as the economy remained strong.
US Retailers Face Positives and Negatives with a Large Dose of Uncertainty from Trump...
"A second Trump administration will not collapse retail, nor will it propel it to dizzy heights," says Global Data Managing Director of Retail Neil Saunders.
Tariffs Loom Large Over Biden’s Meeting with Chinese President Xi Today
Ahead of President Joe Biden’s meeting with Chinese President Xi today, the Retail Industry Leaders Association’s (RILA) Vice President of International Trade Blake Harden issued a statement.