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.
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.