Trump’s tariff plan: How US and Chinese retailers could be impacted 

An illustration of global trade showing the Chinese flag in the foreground and the US flag in the background.
US retailers are reconsidering their sourcing strategies following Trump’s tariff announcement. (Source: REUTERS/Dado Ruvic)
President-elect Trump’s announcement on social media platform Truth Social on Monday that the US will be charging an additional 10 per cent tariff on all imports from China comes as many US retailers are already reconsidering their sourcing strategies.  “What we are seeing right now is a lot of retailers stocking up on inventory to carry them through the next 6-12 months at which point we are likely to see major adjustments to inventory planning and consumer pricing, depending on how ta

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