Economists worry Trump’s sweeping tariffs will drive up prices and lead to shortages — two things that could make buying gifts and preparing for the holidays more difficult.
Rob Handfield, Poole professor of supply chain management, doesn’t think we will see empty shelves for a month or two. Handfield said Walmart and Target took in “a lot” of advance shipments when they saw the tariffs coming.
“Their warehouses are full of product because they planned ahead,” he said. “When they’re depleting inventory and need to restock, that’s where problems are, potentially.”
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