Retailers see both danger and potential in Trump's tariffs

Retailers differ on the possible repercussions from President Trump's tariffs. (Photo: Jim Allen/FreightWaves) Retailers are bracing for significant disruption as President Donald Trump's sweeping tariffs on imports from China, Mexico and Canada take effect. The new duties, which include an additional 10% tariff on Chinese goods and 25% tariffs on products from Mexico and Canada, are forcing retailers to reevaluate their supply chains and pricing strategies. Many major retailers are sounding the alarm about the potential impact on their businesses and consumers. Target CEO Brian Cornell warned that produce prices could rise within days due to the Mexico tariffs, as…