May 16, 2025

Trade Policy

Economy Global/World International News News Retail Trade Policy

Predatory tariffs fuel US retail sales, but weakness lies ahead

WASHINGTON, April 16 (24/7 Bulletin) – In March, U.S. retail sales grew by the largest amount in over two years as families increased their purchases of cars and other items to prevent higher costs from tariffs. This likely had little effect on the economy in the first quarter.The strong sales figures released by the Commerce

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