Republican presidential nominee former U.S. President Donald Trump holds a campaign rally at Santander Arena in Reading, Pennsylvania, U.S., November 4, 2024. Andrew Kelly
Republican presidential nominee former U.S. President Donald Trump holds a campaign rally at Santander Arena in Reading, Pennsylvania, U.S., November 4, 2024. Andrew Kelly

Trump's new tariff proposal could cost Americans $78 bln in annual spending, NRF study shows

November 4th, 2024 | 20:42 PM MARKETS U.S. Markets 1

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By Reuters

U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald Trump's new tariffs proposal on imports are implemented, a study from the National Retail Federation (NRF) showed on Monday.

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