The 2016 US Presidential election brings concerns about tariffs and protectionism. Both sides of the political aisle have shifted away from free-trade sentiment and the impact is expected to be significant.
A survey of 250 US retail executives indicates retailers expect to be impacted by tariffs and protectionism but the impact will be negative for retailers, their suppliers and consumers.
- 4% of retailers expect higher cost of goods
- 22% expect higher risk of delays or disruptions
- 20% expect more red tape
- 17% expect challenges procuring materials and resources
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