Retail shoppers worry about specter of tariffs
By China Daily | China Daily | Updated: 2018-03-24 07:20
As US President Donald Trump signed a memo on Thursday that could lead to tariffs on up to $60 billion worth of goods imported from China, many in the US are gauging what the impact will be.
Before Thursday's announcement, China Daily spoke to shoppers in the Washington area.
Major US retail stores such as Macy's, Target, Walmart and Best Buy are concerned about the impact the tariffs could have on their bottom lines, said Rick Helfenbein, president and CEO of the American Apparel& Footwear Association.
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