NRF: List 4 Tariffs Not Likely to Reduce Retail Imports
If the Administration goes ahead with the threatened 10% tariffs on an additional $300 billon in Chinese goods on Sep. 1, it is not likely to have an immediate impact on import volumes. Hackett Associates, which produces the NRF’s monthly Global Port Tracker, said that an increase to 25% would cause a significant reduction in Chinese imports, however. June retail imports came in below forecast ... Log in to view full article.