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Companies respond to President Trump's China demands
“For years, retailers have been diversifying their supply chains, but finding alternative sources is a costly and lengthy process that can take years. It is unrealistic for American retailers to move out of the world's second largest economy, as 95% of the world's consumers live outside our borders,” David French, NRF’s senior vice president of government relations, said in a statement.
Jessica Smith
Reporter
Yahoo Finance
Companies respond to President Trump's China demands
Companies respond to President Trump's China demands
In response to China's retaliatory tariffs, President Trump tweeted he was "ordering" American companies to look for alternatives to China. The National Retail Federation says that's unrealistic.
finance.yahoo.com
Jessica Smith
Reporter
Yahoo Finance