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Stock impact report

Tariffs on China goods will hit women shoppers hardest, JC Penney argues [CBS News]

JC PENNEY (JCP) 
Last jc penney earnings: 2/27 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jcpenney.com
Company Research Source: CBS News
Tariffs on China goods will hit women shoppers hardest, JC Penney argues - CBS News Tariffs on China goods will hit women shoppers hardest, JC Penney argues By Rachel Layne June 20, 2019 / 5:48 PM Women would feel a "disproportionate impact" from higher tariffs on apparel and other items imported from China if President Donald Trump's proposed new trade levies are imposed. That's an argument JC Penney makes in a letter "Though surely inadvertent, the disproportionate impact of the proposed List 4 tariffs on women is striking," the company said, referring to the fourth round of proposed tariffs after the Trump administration's levies on three other groups of Chinese imports. Of the 19 items the retailer listed as "priority items" hit by the tariffs, 13 are women's and girl's apparel, according to the letter. Items includes women's sweaters, tank tops, bras and denim. "JCPenney's core customer simply cannot afford to pay an additional 25 percent tax on apparel, footwear, and hous Show less Read more
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