What have retailers been saying about tariffs ahead of the golden quarter?
Retailers selling into the US are definitely feeling the effects, but some are being specific about what they think the impact might be
Donald Trump’s decision earlier this year to raise import duties on almost every country in the world has resultingly increased the cost of doing business in the US for many retailers. The full impact of the decision remains unclear, with US inflation edging up in August, but by a modest amount (inflation, in fact, remains higher in the UK).
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