US consumers could bear brunt of hikes on Chinese imports
By Scott Reeves in New York | China Daily | Updated: 2019-05-21 07:12
Retailers may pass on fees or squeeze their profit margins, analysts predict
Retailers fear US President Donald Trump's proposal to impose a new round of tariffs on Chinese products will raise prices for consumers, depress sales and disrupt the global supply chain.
Wall Street analysts believe mass merchants such as Dollar Tree, Home Depot and Lowe's could be hit hard as soon as this summer.
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