TJX Companies (TJX) is a leading apparel and home goods retailer in the U.S. The company’s inventory is largely sourced from overseas. As such, there is growing concern by investors and Wall Street over the negative supply chain and rising cost effects of Trump’s trade war push with China. So far, the impact of 2018 tariffs has been manageable. However, taxing all of China’s imports at 25%, as threatened in mid-May by President Trump, could throw a monkey wrench in TJX’s business model. Higher Chinese tariffs could send operating profits considerably lower the