Economics
Retailers Are Preparing to Fight Expanded China Tariffs They Call a ‘Trump Tax’
- Consumer-goods companies draw from earlier border-tax playbook
- Fragile retail recovery at risk in China spat, analyst says
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The threat from tariffs just got more serious for U.S. retailers and consumer brands, and they’re preparing a coordinated and public campaign to confront it.
Companies such as Walmart Inc. and Nike Inc. have so far been spared during President Donald Trump’s trade dispute with China. But that’s expected to change after the White House this week surprised Corporate America by threatening tariffs on an additional $200 billion of imports from the world’s second-largest economy -- a target list almost certain to include consumer goods.