In the wake of President-elect Donald Trump’s victory, Nicole Bivens Collinson of Sandler, Travis & Rosenberg has been inundated with calls from U.S. companies seeking ways to mitigate the impact of Trump’s proposed tariffs. Trump’s plan includes a 20% tax on all imports and a 60% rate on Chinese goods, prompting concerns from economists and industry leaders about potential price increases and supply chain disruptions. Retailers and businesses are actively working on contingency plans to navigate the uncertainty surrounding the proposed tariff policies.
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