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Trump's tariffs would drive up consumer prices: National Retail Federation
National Retail Federation (NRF) CEO Matthew Shay warned that shoppers could face higher prices on an array of goods if President-Elect Donald Trump's proposed tariffs on imports to the United States are implemented.
"The adoption of across-the-board tariffs on consumer goods and other non-strategic imports amounts to a tax on American families," Shay said in a statement to FOX Business. It will drive inflation and price increases and will result in job losses."
The...