We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.

The global fashion business journal

Jan 28, 20209:19pm

Trade war splashes Christmas campaign: more than 85% of retailers expect cost increases

A report by the consultant Bain&Company estimates that two-thirds of retailers in the United States will pass tariff-related costs on to holiday shoppers.

Dec 17, 2019 — 6:28pm

Trade war splashes Christmas campaign: more than 85% of retailers expect cost increases



Trade war affects Christmas campaigns. More than more than 85% of American retailers expect cost increases due to the conflict between Donald Trump and Xi Jinping. This will cause an increase in the costs of holiday shoppers. Meanwhile, two-thirds of the retailers will pass some costs to consumers, according to a survey by the Bain&Co.


The study explains that the uncertainty that looms around US tariffs will increase prices by 4%, while causing a 2% drop in volume of sales. In the case of Chinese products, retailers will pass some costs to consumers, increasing the final price of the product. A fact that could impact them if they do not take measures, according to the consultant.





After about 18 months of trade war, the United States maintains tariffs of 25% on Chinese imports valued at 250 billion dollars, along with reduced levies of 7.5% on additional imports valued at approximately 120 billion of dollars.


The truce reached last weekend between the United States and China eliminates the tariff rise of 156 billion dollars planned for mid-December. The new rates were going to affect products such as mobiles, computers, toys and apparel.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment