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Article Date: June 2019
Word Count: 330

NRF Study Details Tariff Impact on Consumers

As hearings continue on the List 4 Chinese tariffs, the National Retail Federation released a study that concluded the imposition of 25% additional duties would cost Americans $4.4 billion more for apparel, $2.5 billion more for footwear, $3.7 billion more for toys and $1.6 billion more for household appliances. Earlier, the NRF released research that said a TV made in China that cost $250 would jump to $308 after tariffs, and the 25% tariffs on furniture and travel goods would cost $6 billion annually.


The NRF said in testimony that it supported the U.S. goal of better IP enforcement but argued ... Log in to view full article.


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