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Tariff Quote Watch: Retailers Aim to Make Consumers Pay for Trump’s New Tariffs

China 2820 Cons. Discr. - Retailing 386 Quote Watch 391 Tariffs 1741 U.S. 5046

The recent worsening of the U.S.-China trade war has raised a range of concerns in the retail sector regarding the outlook for commercial operations and supply chains. The proportion of retailers mentioning trade policy in their earnings calls was 25.4% in the period since Apr. 1. That’s higher than the 20.3% of 6,705 companies analyzed across all sectors. Home Depot – which sourced 85.7% of its U.S. seaborne imports from China in the 12 months to Apr. 30 – have indicated that new tariffs will add “an incremental $1 billion” to costs according to EVP for merchandising, Edward Decker. Bes...

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