Trump's tariffs would drive up consumer prices: National Retail Federation

National Retail Federation (NRF) CEO Matthew Shay warned that shoppers could face higher prices on an array of goods if President-elect Trump's proposed tariffs on imports to the U.S. are implemented. "The adoption of across-the-board tariffs on consumer goods and other non-strategic imports amounts to a tax on American families," Shay said in a statement to FOX Business. "It will drive inflation and price increases and will result in job losses." The NRF, the largest U.S. retail trade