Trump’s new tariff proposal could cost Americans $78 billion in annual spending, NRF study shows
4:41 pm Monday, November 04th, 2024
(Reuters) – U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald Trump’s new tariffs proposal on imports are implemented, a study from the National Retail Federation (NRF) showed on Monday.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Shailesh Kuber)
