Economy

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Economy

 
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Slower tax refunds and weather affect April retail sales but fundamentals 'remain positive'
Retail sales were down 0.2 percent in April from March but up 5.2 percent year-over-year.
 
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Who pays for tariffs? American businesses and consumers
Tariffs are a tax paid by American companies and consumers — not by the foreign governments targeted by the tariffs.
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Retail imports rising ahead of expected higher tariffs
Imports are expected to see unusually high levels as retail sales increase and President Trump hikes tariffs on China.
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