Tariffs May Play Grinch For Retailers’ Holiday

“Get out the Ouija board.” That’s how one retail analyst summed up the tricky task of predicting what lies ahead for retailers and shoppers this holiday season. Analysts say there’s ample reason to expect record-breaking sales on the back of a strong economy, a historically low unemployment rate and upward-ticking wages. But that’s all hedged by a hefty unknown: the threat of ongoing tariffs and an escalating trade war.

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