DLMAF - Dollarama's Continued Growth Amid Global Trade Tension
Overview
Dollarama (OTC: DLMAF), the Canadian discount chain retailer, has been catapulted into a unique position with the ongoing trade dispute between the United States and China. After Donald Trump increased tariffs on about $200 billion of Chinese imports from 10% to 25%, a large scope of Dollarama’s products were instantly put into the spotlight. However, unlike the company's American competitors Dollar Tree (NASDAQ: DLTR) and Dollar General (NYSE: DG), which immediately were challenged with the prospect of raising prices stemming from higher tariffs on Chinese imports, Dollarama in large part avoided