US retail sector set to feel the tariff pinch

LAS VEGAS - It was a bright sunny day in Las Vegas on Tuesday without a cloud in the sky, except the storm clouds were carried in by the escalating US-China trade disputes.

Inside the bustling Las Vegas Convention Center, apparel buyers and sellers from all over the world gathered to make deals at the MAGIC Show, one of the largest and most influential fashion trade shows in America.

A specially designated area of the show was the Premium China Footwear Pavilion, which was chock full of apparel and footwear merchandise of all kinds made in China, ranging from socks priced at 10 cents to $7,000 hand-embroidered designer boots.