tariffs

NRF applauds US, China temporary slash on tariffs

National Retail Federation president and CEO Matthew Shay applauded the Trump administration’s announcement that it will reduce tariffs on imports from China for 90 days to continue trade negotiations. The move will slash U.S. tariffs... more »

Import cargo levels to see first year-over-year drop since 2023 due to tariffs

Import cargo at the nation’s major container ports is expected to see its first year-over-year decline in over a year and a half this month as the effect of tariffs imposed by President Donald Trump... more »

Dallas Market Center launches anti-tariff initiative

Dallas Market Center unveiled a new initiative to support Main Street retailers: “Stand With Main Street. Turn Off Tariffs.” The core message of the campaign is to advocate for a 90-day pause on all tariffs... more »

Tell us how tariffs are impacting your retail operation

How are tariffs impacting your buying decisions, product pricing and expectations for the year ahead? Gift Shop® Plus is conducting a quick industry survey to better understand how independent retailers are navigating these challenges —... more »

Industry leaders say tariffs threaten to cancel Halloween and cripple Christmas

U.S. costume and toy companies are sounding the alarm that newly proposed tariffs on Chinese imports could wipe out Halloween and severely disrupt Christmas unless urgent action is taken. With production already underway and orders... more »

Census data shows retail sales grew in March but consumers worry as tariffs rise

Data released today by the U.S. Census Bureau showed retail sales grew in March even though consumers continued to worry about the impact of rising tariffs, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said.... more »

CNBC/NRF Retail Monitor shows March sales grew moderately amid tariff concerns

Retail sales grew in March after two straight months of declines, but gains remained moderate as consumers continued to be concerned by rising tariffs, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released... more »

Import cargo levels to drop sharply amid new tariffs and uncertainty

With sweeping tariffs now imposed on all U.S. trading partners, import cargo at the nation’s major container ports is expected to drop dramatically beginning next month, according to the Global Port Tracker report released by the... more »