B.C. retailers are unlikely to be changing long-term plans following U.S. President Donald Trump’s Thursday threat to levy a 35 per cent tariff on Canadian imports.
That is because Trump has made so many tariff threats since he was elected president in November, only to then pause tariff implementation dates, change tariff levels and add new tariff categories, according to retail analyst and DIG360 owner David Ian Gray.
“In all likelihood, there’s going to be other flip-flops,” Gray said. “What it does is it necessitates retailers to look at the right now, and how to triage, as opposed to how they’re going to be building out over the next three to five years,”
→ Continue reading at BIV