Do you see tariffs on steel and aluminum having a negative effect on the retail industry? What sectors of retail, if any, do you think would be most affected?
Interactive Edge’s CEO, Zel Bianco comments:
While I agree with the comment from Kai that retailers have bigger fish to fry than this, it will indeed have a ripple effect throughout the industry and one that is self-inflicted. Targeting a very small group that this will help is not a reason to hurt almost everyone else. Pittsburgh has long lifted itself out of being a steel and coal town in favor of high tech and medical industries which has made Pittsburgh a great place to live and work. There are very few people in that area who want their sons or daughters to go back to an industry that they have worked so hard to get away from. Manufacturers are already dealing with being squeezed to lower prices and now this? Not good.