What's Inside
On February 1, 2025, President Trump implemented a 25% tariff on imports from Canada and Mexico, as well as a 10% tariff on all goods from China. However, just days later, the tariffs on Canada and Mexico were paused for a month after the leaders of these countries announced moves to ramp up security at their borders. On the other hand, China has responded with 15% tariffs on coal, gas and other imports from the US; restrictions on some mineral exports to the US; and an antitrust investigation into Google.
What are the implications of the new tariffs implemented by US President Trump, and what measures can retail companies take to lessen their impact? Coresight Research dives into the latest on the tariffs and their impact.
Data in this research report include:
- Proprietary survey data on US consumers’ expectations for their household financial situation and the overall economy over the next 12 months
- Top 10 most pressing concerns among CFOs, both pre- and post-election
Companies mentioned in this research report include: Amazon, Burlington Stores, Colgate-Palmolive Company, Costco, Dick’s Sporting Goods, The Home Depot, Levi Strauss, Ralph Lauren, Shein, Temu, Ulta Beauty, VF Corporation, Walmart
Other relevant research:
- 2025 Tariffs: What Do US Consumers Think?—Proprietary Survey Insights
- Proposed US Tariffs and Their Impacts—Price Hikes Likely, Making Diverse Supply Chains a Must
- Retail 2025: US Macro, Consumer and Retail Outlook
- The US Retail Sales Databank features retail sales values and year-over-year growth, in total and by sector, by year and by month. This Databank is updated monthly.
You are currently viewing a preview of this report.
Please select an access option to view the full report. Hide Options - Show Options +
This document was generated for