WEATHER ALERT
US businesses that rely on Chinese imports express relief and anxiety over tariff pause
Read full article: US businesses that rely on Chinese imports express relief and anxiety over tariff pauseAmerican businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.
‘Devastating consequences for American workers’: National Retail Federation calls on President Biden to end port strike
Read full article: ‘Devastating consequences for American workers’: National Retail Federation calls on President Biden to end port strikeThe National Retail Federation is urging the Biden administration to intervene in a labor strike affecting U.S. East and Gulf Coast container ports, which has disrupted operations since the master contract between the International Longshoremen’s Association and the United States Maritime Alliance expired on September 30.
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Retail trade group: holiday sales could set new record
Read full article: Retail trade group: holiday sales could set new recordThe National Retail Federation expects that holiday sales gain could shatter last year’s record-breaking season even as a snarled global supply chain slows the flow of goods and results in higher prices for broad range of items.
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Consumer spending this Halloween expected to reach all-time high of $10.14B
Read full article: Consumer spending this Halloween expected to reach all-time high of $10.14BConsumer spending on Halloween-related items is expected to reach an all-time high of $10.14 billion, up from $8.05 billion in 2020, according to the National Retail Federation.