After months of trade tensions, the U.S. and China announced preliminary progress on a deal between the world’s two largest economies, reports CNBC. The U.S. is poised to buy at least $16 billion more in agricultural goods from China in …
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Retailers Must Diversify to Overcome Tariff Tensions
Writing for the National Retail Federation (NRF)’s blog, president and CEO Matthew Shay reflected on the effects recent tariff escalations between the U.S. and China have taken on retail supply chains. Review some of his takeaways here. Retailers can’t move …
Read More »Understanding Implications of Chinese Tariffs
Jonathan Gold, a trade expert for the National Retail Federation, answered questions from Hardware Retailing about the effects of recent Chinese tariffs. He provides insight into new 25 percent trade duties levied on hundreds of billions of dollars in Chinese …
Read More »U.S., China Impose Tariff Hikes
The U.S. and China, the world’s two largest economies, have both imposed tariff hikes on products entering their countries. The decisions came after the two countries were unable to finalize a trade deal, CNBC reports. Initially, the U.S. increased tariffs …
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