The National Retail Federation increased its retail sales forecast for 2018, citing tax reform and other positive economic indicators. But the positive news came with a warning.
The Trump administration’s plant to impose a 25% tariff on another $16 billion worth of imports from China starting Aug. 23 drew an immediate reaction from a leading retail organization.
The White House’s announcement that it will consider imposing a tariff of 25% rather than 10% on $200 billion in goods from China drew an immediate response from one of the nation’s leading retail organizations.
A regional Florida-based electronics retailer does not believe that compliance with the recent Supreme Court ruling in favor of online tax collection will be a burden for small retailers.