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Tag: consumer inflation

Tariff Turbulence: How U.S. Retailers and Consumers Navigate the Rise of Inflationary Pressures

Tariff Turbulence: The recent announcement of sweeping tariffs by the President of the United States has thrust both retailers and consumers into an environment fraught with uncertainty. With a 10% across-the-board levy on imported goods, companies such as Walmart, Nike, and Home Depot are signaling imminent price increases, while customers wrestle with diminishing purchasing power and eroding consumer confidence. This policy shift raises profound questions regarding the legal authority of presidential tariff proclamations, the constitutional boundaries of executive trade action, and the broader socio-economic consequences for American households.