Trump's Tariff Proposals Spark Retailer Concerns. What Comes After the Election. -- Barrons.com
usa Election Watching Guide: When will we know the election results?
①The United States election is about to enter the vote counting stage, with each state gradually closing polling stations and entering a tense tallying phase; ②The results of the 7 swing states are expected to be announced from 8 a.m. Beijing time (Georgia) to 11 a.m. (Nevada); ③Various signs indicate that this year's result announcement time will likely be earlier than 2020.
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How does Trump's tariff plan affect the situation? Study: American consumers' purchasing power may evaporate by $78 billion each year.
①A study released on Monday by the National Retail Federation (NRF) shows that if Trump's new tariff proposal is implemented, American consumers could potentially lose up to $78 billion in purchasing power annually. ② The report states that if import tariffs are implemented, it will further exacerbate the impact on low-income families, making their budgets even tighter.
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Weekly Buzz: Magnificent Mix of Market Reactions
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