Trump said he wanted to save Christmas. But shoppers still fear tariffs this holiday season
... just in case some of the tariffs would have an impact on U.S. customers. " But that might not be panning out as planned. Consumers are still anxious.
"We think our survey results should sound alarm bells for retailers looking to pass on cost increases even if those come after the holidays: A majority of shoppers are unwilling to accept price hikes and will look to trade down in volume, by retailer, or by product," Coresight CEO and founder Deborah Weinswig said in the report.
. It found 91.6% of apparel, 68.4% of home textiles and 52.5% of footwear imports from China will be hit with a 15% tariff beginning Sept. 1, according to the association.
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