NRF CEO Says U.S. Retailers Flipping Suppliers 'Unrealistic'

The transcript discusses the complexity and sophistication of the supply chain, emphasizing that flexibility is limited due to long-standing partnerships. It highlights the impact of tariffs on American life, noting that tariffs are essentially taxes paid by American consumers and businesses. The discussion also raises concerns about a potential trade war, citing past examples like the spike in washing machine prices due to tariffs on aluminum and steel.

What are some implications of shifting sourcing outside of China for retailers?

What challenges do retailers face in adapting their supply chains?

Discuss the long-term relationships in the supply chain mentioned in the text.

What was the effect of tariffs on the price of washing machines as described in the text?

How do tariffs impact American consumers and businesses according to the text?