According to Euromonitor, the proposed 20% trade tariffs on imports to the U.S and immigration restrictions, proposed by the Trump administration to generate more U.S. jobs via regenerated local manufacturing activity, could change the retail sector for years. Protectionist laws could cause a downturn in the U.S. economy, with the G.D.P. growth falling to 0.9% in 2017 in the U.S. (currently 2.3%). In January 2017, Bernard Arnault, C.E.O. of LVMH, said he was considering expanding his...
Trump. When protectionism threatens retailers
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