07-04-2025 08:44 via retailgazette.co.uk

Trump calls tariffs ‘medicine’ as rising costs put further strain on retailers

Donald Trump has defended his sweeping new tariffs — calling them “medicine” — as stock markets across Asia and the US suffer sharp losses and fears of a global trade war intensify.
The US president warned that other countries would need to pay “a lot of money” to see the levies lifted, despite mounting pressure from European and Asian leaders to soften his stance.
“I don’t want anything to go down. But sometimes you have to take medicine to fix so
Read more »

Retail news



Zalando snaps up augmented reality specialist DeepAR
Zalando snaps up augmented reality specialist DeepAR
Royal Mail opens parcel lockers in Sainsbury’s supermarkets
Royal Mail installs parcel lockers in Sainsbury’s supermarkets
In the pet economy, not everyone is fetching more sales
Feather & Black has new general manager
Feather & Black has new general manager
Desert Island Stores: Furniturebox
Desert Island Stores: Furniturebox
Shein denies ‘cutting corners’ on labour practices
Shein denies ‘cutting corners’ on labour practices
Feather & Black appoints general manager
Feather & Black appoints general manager
In pictures: Dune unveils refreshed Westfield Stratford store
In pictures: Dune unveils refreshed Westfield Stratford store
Dreams appoints Feather & Black boss to drive brand’s growth
Dreams appoints Feather & Black boss to drive brand’s growth
The O2 welcomes three brands making their London outlet debuts
The O2 welcomes three brands making their London outlet debuts
Co-op re-opens trio of stores following ‘major makeovers’
Curtains, wellies, nuclear subs and a tsar’s palace: how William Morris mania swept the world
CMA mulls ending Aldi and Lidl’s exemption from land rules amid supermarket pressure
CMA mulls ending Aldi and Lidl’s exemption from land rules amid supermarket pressure
Desktop versie