Retail industry says Trump tariff reversal will bring predictability, flexibility for innovation
CNBC·2026-02-20 16:54
The retail industry on Friday said the Supreme Court's ruling that struck down some of President Donald Trump's global tariffs would usher in more predictability and flexibility for innovation, freeing up businesses from the burden of higher import costs. "The Supreme Court's announcement today regarding tariffs provides much-needed certainty for U.S. businesses and manufacturers, enabling global supply chains to operate without ambiguity," the National Retail Federation said in a statement following the ru ...