Trump’s new tariff proposal could cost Americans $78 billion in annual spending, NRF study shows

(Reuters) – U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald Trump’s new tariffs proposal on imports are implemented, a study from the National Retail Federation (NRF) showed on Monday.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Shailesh Kuber)