Retailers slow down orders, freeze hiring at tariffs

Retailers slow down orders, freeze hiring at tariffs

By Helen Reed and Nicholas P. Brown London/New York (Reuters) – Retail and accessories in the United States slow orders and freeze the rent before tariff hikes that enter into force on Wednesday on products imported from Vietnam and China. These businesses, similar to Nike (NKE) and Lululemon (Lulu), are confronted with an impossible choice: … Read more