Retailers could win big on a repeal of Trump’s tariffs. Here’s why the stocks aren’t rising.

Target, Nike and Hasbro stand to be big beneficiaries as the SCOTUS ruling could lower costs, analysts say, but stocks of retail giants like Walmart and Costco fell.

By Bill Peters

Were Trump’s Tariffs Working?

The Census Bureau released data showing that the U.S. trade deficit in goods last year was the highest on record. Our chief economics correspondent, Ben Casselman, breaks down whether President Trump’s tariff policies had their intended impact in 2025.

By Ben Casselman, Sutton Raphael, Nikolay Nikolov, Stephanie Swart, Keith Collins and Thomas Vollkommer

Retail industry says Trump tariff reversal will bring predictability, flexibility for innovation

Clothing and footwear were among the imports most vulnerable to Trump's tariffs, which imposed steep rates on countries like China and Vietnam.

Checking in with a store owner who says Trump tariffs led her to close up shop

NPR's Michel Martin speaks with Jennifer Bergman, who says she had to close her family's toy store business of 44 years in July 2025 due to President Trump's tariffs.

By Michel Martin