Talk of tariffs may have a negative impact on the retail industry, even if the tariffs are never actually put into place:
“But tariffs — even ‘tough tariff talk’ — could ‘rattle’ the industry, Moody’s analysts also warned. Tariffs would be a credit negative for furniture and home goods, auto dealers and apparel and footwear retailers, according to Moody’s Retail Analyst Mike Zuccaro. Apparel and footwear retailers ‘could experience gross margin pressures for 12 to 24 months if tariffs are imposed,’ he said.”
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