News / US retailers rush to fill shelves before trade war tariffs start to bite

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As the transpacific trade war officially gets under way, US retailers are rushing to fill inventories before additional tariffs are put on Chinese goods.

However, longer term, escalating tariffs could mean increased sourcing in South and South-east Asia.

According to the National Retail Federation (NRF), US retail imports set a new record in June.

“Retailers cannot easily or quickly change their global supply chains, so imports from China and elsewhere are expected to continue to grow for the foreseeable future,” said NRF vice-president Jonathan ...