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May 23, 2019

Retailers, shoppers could feel more pain if tariffs spread

By ANNE D'INNOCENZIO
AP Retail Writer

NEW YORK — An escalating trade war between the U.S. and China could mean higher prices on a broad array of products from toys to clothing. But some retailers will be less equipped to handle the pain than others, leaving consumers to carry the load.

Analysts say big box giants like Target and Walmart who marked their latest quarter with strong performance are best positioned to absorb the higher costs because of their clout with suppliers. They're also taking a judicious approach to price increases to lessen the impact.


 
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