tariffs

NRF responds to Supreme Court ruling on tariffs

The National Retail Federation (NRF) issued the following statement from Executive Vice President of Government Relations David French in response to the Supreme Court’s ruling regarding the Trump administration’s use of the International Emergency Economic... more »

Supreme Court declares Trump’s emergency tariffs are illegal

On Friday, the Supreme Court struck down President Donald Trump’s expansive global tariff program, delivering a significant loss to a cornerstone of his economic agenda. In a 6-3 ruling, the justices focused on tariffs enacted... more »

Small business owners, retail leaders detail tariff-driven price increases affecting holiday shopping

This holiday season, business owners and retail leaders from across the country shared firsthand how tariffs are impacting their operations, raising costs and hurting American families. The Trump administration’s across-the-board tariffs are raising prices for... more »

NRF: 2025 holiday retail sales to surpass $1 trillion for the first time

In its annual holiday forecast, the National Retail Federation (NRF) predicts retail sales in November and December will grow between 3.7% and 4.2% over 2024. That translates to total 2025 holiday retail sales between $1.01... more »

Monthly imports expected to drop below 2 million TEU as tariffs continue to rise

With most holiday merchandise already on hand and tariffs continuing to rise, monthly import cargo volume at the nation’s major container ports is expected to fall below the 2 million TEU mark for the remainder... more »

NRF consumer survey finds Halloween spending to reach record $13.1 billion

Halloween spending is expected to reach a record $13.1 billion this year, according to the National Retail Federation’s (NRF's) annual consumer survey conducted by Prosper Insights & Analytics. The figure is up from $11.6 billion... more »

August CNBC/NRF Retail Monitor data shows increased sales even as inflation impacts growth

Retail spending continued to grow in August as consumers stocked up on school supplies and tried to beat rising tariffs that could be beginning to affect prices, according to the CNBC/NRF Retail Monitor, powered by Affinity... more »

NRF reports declining imports following summer surge ahead of tariffs

Following a near-record peak this summer, import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the year amid rising tariffs, according to the Global Port Tracker... more »