Retail industry advocates are concerned about the impact of Chinese tariffs:
“’Tariffs are taxes paid by American businesses and consumers, not by China,’ stated David French, senior VP for government relations, NRF. ‘A sudden tariff increase with less than a week’s notice would severely disrupt U.S. businesses, especially small companies that have limited resources to mitigate the impact. If the administration follows through on this threat, American consumers will face higher prices and U.S. jobs will be lost.’”
P.S. Tariffs could increase costs for just about everyone in the supply chain. Our courses can help you run a nimble business and keep costs down as much as possible. Check out our Order Forecast class, as well as others, today.