Companies caught in the crossfire of China-U.S. trade frictions are facing the harsh reality to rethink their supply chains, but it is not easy to adjust and shift the supply chains away from China, the U.S. National Retail Federation has said.
“Tariffs are taxes that raise costs for businesses and consumers,” Bethany Aronhalt, spokeswoman for the National Retail Federation, the world’s largest retail trade association, told Xinhua in an interview.
“For retailers, tariffs are very disruptive to...
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