Tariffs are 'likely to be a factor that weighs on stocks in the retail sector for at least the time being,' a team of analysts at UBS wrote.
On Thursday, President Donald Trump announced another round of tariffs on Chinese imports. According to a report from UBS, hardline and grocery retail is one of the industries exposed to the new tariffs. The 10% tax could hurt this year's earnings-per-share growth of companies that sell consumer goods, according to UBS. They also estimate that indirect impacts to consumers will weigh on company earnings. Here are 16 retailers the firm says are at risk. Read more on Markets Insider.
On Thursday, President Donald Trump announced another round of tariffs on Chinese imports. According to a report from UBS, hardline and grocery retail is one of the industries exposed to the new tariffs. The 10% tax could hurt this year's earnings-per-share growth of companies that sell consumer goods, according to UBS. They also estimate that indirect impacts to consumers will weigh on company earnings. Here are 16 retailers the firm says are at risk. Read more on Markets Insider.
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