Reported about 9 hours ago
Retail CEOs from Gap, Ralph Lauren, and other companies have stated their readiness to handle potential tariffs as Trump returns to the presidency. Having reduced their reliance on Chinese imports significantly and diversified supply chains during the previous administration, they are now more experienced at managing supplier negotiations and cost-control measures. With Trump's proposed tariffs expected to lead to price increases for consumers, the retail industry faces challenges in balancing cost management amidst ongoing inflation.
Source: YAHOO