By Jharonne Martis
Retailers continue to report Q1 2019 earnings, and 55 retailers have mentioned tariffs during their Q1 earnings call. Although they have expressed concern about proposed tariffs imposed on Chinese products, a faster and more direct hit to the consumer's discretionary income would be tariffs imposed on Mexico.
The United States' southern neighbor is its third-largest trading partner, and important import sectors for the U.S. are produce and car parts.
Weather was a major factor. May was a historic month for tornadoes after 13 consecutive days of twisters damaged a lot of farms