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-0.000266051791415406 -8.86839304718439E-05 -8.86839304718439E-05 -0.000177367860943562 -0.00106420716566162 -0.00106420716566162 -0.0040794608017028 -0.0040794608017028
Stock impact report

UPDATE 1-U.S. firms say China tariffs will raise costs, with few sourcing alternatives [Reuters]

Ralph Lauren Corporation (RL) 
Last ralph lauren corporation earnings: 2/4 08:01 am Check Earnings Report
US:NYSE Investor Relations: investor.ralphlauren.com
Company Research Source: Reuters
U.S. firms say China tariffs will raise costs, with few sourcing alternatives - Reuters 5 Min Read WASHINGTON (Reuters) - A broad range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electronics, and other consumer goods as the Trump administration prepares 25% tariffs on remaining U.S.-China trade. The comments came on the first of seven days of hearings that began on Monday, held by the U.S. Trade Representative’s Office (USTR), on President Donald Trump’s plan to hit another $300 billion worth of Chinese imports with tariffs. Sourcing from other countries will raise costs, in many cases more than the 25% tariffs, some witnesses told a panel of U.S. trade officials from USTR, the Commerce Department and other federal agencies. Mark Flannery, president of Regalo International LLC, a Minnesota-based maker of baby gates, child booster seats and portable play yards, said that pricing quotes for shifting p Show less Read more
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