Insight Report 7 minutes PremiumQuick Take: The Impact of Tariffs on US Retail Coresight Research July 31, 2018 Executive SummaryIn this report, we review the import tariffs imposed by the US and China and their implications on the US retail industry. Consumer goods were excluded from the tariffs the US imposed on Chinese imports until July 10, when US President Donald Trump announced another list of product categories, worth around $200 billion, to which tariffs will apply. This new list includes apparel. China accounted for 37% of US apparel imports and 56% of US footwear imports in 2017, according to the US Department of Commerce. There is a strong negative correlation between Chinese textile surplus and US textile jobs. In-demand brands look best positioned to pass on the costs of the new tariffs to consumers. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Macy’s $5.8 Billion Buyout Bid: A Symphony of Risk and OpportunityCoresight Bites: Dollar Stores’ Growing Momentum in GroceryDecember 2023 US Housing Market Indicators: Positive Shifts To Start the New YearSeptember 2023 Monthly Consumer Update: US, UK and China