Study: Retailers to take large hit if US exits NAFTA

A new study found retailers will suffer if the United States exits the 24-year-old North American Free Trade Agreement.

The study by global strategy and management consulting firm A.T. Kearney estimates a near-term cost to retailers of $15.8 billion in added tariffs and reduced margins.

The retail industry currently imports $182 billion worth of goods from NAFTA partners.

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