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US retail sector says Vietnam tariffs will hike consumer prices

2021-01-04 12:47:00| Daily apparel & textile news and comment - from just-style.com

The National Retail Federation (NRF) has urged the Office of the US Trade Representative (USTR) to avoid placing tariffs on imports of Vietnamese goods and rely on other remedies to address trade complaints as it has released a report revealing the price of goods from the country could increase by up to 23%, triggering a hunt for new sources of supply.

Tags: prices retail consumer sector

Category:Consumer Goods and Services

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