RetailWire recently asked industry leaders what they think of tariffs on imported steel and aluminum:
“Hun Quach, VP of international trade, Retail Industry Leaders Association (RILA), said, ‘The administration’s desire to challenge other country’s trade violations is an important goal for free and fair trade, but a broadly applied tariff could spark a potential trade war that zaps consumer spending and American exports.’”
P.S. Whether you are importing materials or finished products, tariffs can impact your business. If you are involved with the direct importation of products, 8th & Walton’s Direct Import classes can help you learn about Walmart’s standards and ways that you can optimize your processes.