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Here's why the CEOs of major retailers like Walmart, Gap and Target are sounding so calm about Trump's tariff standoff

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The CEOs of major retailers like Walmart, Gap, and Target are maintaining a calm demeanor regarding the ongoing tariff standoff between the U.S. and China, as reported by MSN Money. Despite the potential for increased costs due to tariffs, these executives are not showing signs of panic. This calmness stems from several factors: firstly, many retailers have already adjusted their supply chains to mitigate the impact of tariffs, sourcing products from alternative countries or increasing domestic production. Secondly, there's an anticipation that the trade tensions might ease, with some CEOs expressing hope for a resolution or at least a delay in further tariff impositions. Additionally, retailers have been passing on some of the increased costs to consumers, although this strategy has its limits. The article also notes that these companies have been lobbying for relief or exemptions from certain tariffs, and there's a general expectation that any significant economic fallout would prompt government intervention or policy changes. This strategic approach and proactive management of potential risks contribute to the composed outlook of these retail leaders.

Read the Full Fortune Article at:
[ https://www.msn.com/en-ca/money/companies/here-s-why-the-ceos-of-major-retailers-like-walmart-gap-and-target-are-sounding-so-calm-about-trump-s-tariff-standoff/ar-AA1AE1z9 ]