The additional tariffs that Trump imposed on goods coming from China took effect today. So now the effect of the tariffs will start to effect US consumers. Target, to get ahead of the game has already warned its suppliers that it will not tolerate price increases, so businesses that import from China that supply Target will feel increased pressure due to the tariffs. https://www.opb.org/news/article/target-refuse-price-increase-tariffs-suppliers-china-trump/ Profits in the apparel business are already razor thin and competition if fierce. If business cannot pass on price increases to consumers how will they survive? How many companies will be able to withstand such pressure due to Trump's tariffs?
