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Express News | Shares of Companies in the Broader Consumer Discretionary Sector Are Trading Higher After President Trump Indicated Tariffs Against China Will Be Lowered and Trade Tensions May De-escalate. Tariff Concerns Have Weighed on the Sector This Year Due to...
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Express News | Shares of Companies in the Broader Consumer Discretionary Sector Are Trading Higher Amid Treasury Secretary Scott Bessent's Remarks About Trade De-escalation With China, Which May Relieve Potential Cost Pressures for the Consumer and Lead to an Uptick...
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It's not just about tariffs; the Luxury Goods Industry is facing a perfect storm of a 'weak dollar + strong Gold.'
The threat of tariffs is just the tip of the iceberg. The depreciation of the dollar against the euro has directly weakened the profitability of European Luxury Goods companies in the USA market; the surge in Gold prices has increased the input costs for watch and jewelry manufacturers.
Trump Meets With US Retailers to Discuss Tariffs
Retail Inventories Are Rising. Watch the Margins. -- Barrons.com
As trade concerns spread, Trump discusses the impact of tariffs with retail giants such as Walmart.
① The President of the USA, Trump, discussed the impact of the comprehensive tariff plan on American retailers with the CEOs of Walmart, Target, and Home Depot; ② The tariffs may lead to further price increases in the USA, affecting retailers and consumers. The National Retail Federation warns that tariffs will cause American families to spend more on everyday goods.
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