Looking back at the first Trump administration’s tariff policy might give some insight on where trade policy is or isn’t headed. But don’t expect firm answers.
One reason for the decline is that companies stockpiled goods in March trying to get ahead of tariffs, and are now pulling back. But it also could signal tough times ahead for the U.S. economy.
Pottery Barn is one of many retailers focusing more on business outside the U.S. And it seems to be a strategy to offset the cost of tariffs, and the potential downshift in spending from American consumers.