tariffs
Americans in Poll Reject Trump’s Claim That China Pays Tariffs
About 62 percent of U.S. adults said American consumers will bear more of the costs of duties than producers…
Dick’s Sporting Goods Raises Full-Year Guidance Despite Tariff Uncertainty
Dick's is looking into pricing strategies for a post-tariff world and muted its guidance to represent this…
Abercrombie Narrows Q1 Loss, But Tariff Hike Threatens Q2 Gross Profit Rate
Investors feared a perceived slowdown in comp sales and a soft start to Q2, as CEO said it has opportunities…
US Consumers Still Confident, But For How Long?
Consumers are still confident about the economy and their job prospects, despite looming higher costs for…
Things You Need to Know for the Week Ahead
Missed Q1 estimates and lower guidance revisions suggest a slow start to the second quarter.
The Increasingly Futile Quest to Lobby Against Trump’s Tariffs
US trade associations and companies aren't giving up the fight against the latest round of duties, though…
Mnuchin Says He Talked China Tariffs, Prices With Walmart CFO
Treasury Secretary Mnuchin said he spoke with Walmart CFO Brett Biggs after the exec said tariffs on Chinese…
Finally in Crosshairs of Trump’s Tariffs, Retailers Sound Alarm
After surviving a year mostly unscathed in President Trump's trade war, retailers are finally sounding the…
Nike, Adidas Call Tariffs ‘Catastrophic’ in Open Letter to Trump
Nike, Adidas and other footwear giants urged Trump to reconsider tariffs on shoes made in China, saying the…
Trump Removes Metal Tariffs on Canada and Mexico, Encouraging USMCA Ratification
Trump said the US will lift steel and aluminum tariffs on Canada and Mexico, boosting efforts to encourage…
Things You Need to Know for the Week Ahead
June will be a key month, given the public hearing for the new tariffs planned for Chinese imports and the…
Will Tariffs Drive Apparel Companies Out of China Once And For All?
With US trade policy determined tweet by tweet, companies are mulling how to slowly back away from the…
Walmart Could Raise Prices Amid Tariff Turmoil
Walmart had a solid Q1, but couldn't rule out raising prices, even as it promised to mitigate the tariff…
Macy’s, Tapestry Outline Strategies for Tackling Tariffs
As earnings season continues, retail and apparel executives are addressing questions on what impact tariffs…
Tariffs Could Put an Additional $40 Billion of Retail Sales, 12,000 Stores at Risk
The pace of store closures could accelerate due to the impact from tariffs and trigger inventory dislocations…