NKE - US-China Trade War Tariff Hikes Will Wreak Havoc on Retailers

The US-China trade war intensified recently. Now, the latest round of tariffs is directly impacting the already challenged retail sector. 

Further, the DOW is down another 400 points and analysts are predicting bleak outcomes in the coming weeks.

For the past few quarters, retailers have proven that the retail landscape is changing drastically. Competing with online tellers has forced many brick and mortar operators into administration. Now, the US-China trade war is hurting the already damaged sector because new tariffs will push prices higher and turn shoppers away.