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Tariffs Could Put an Additional $40 Billion of Retail Sales, 12,000 Stores at Risk

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UBS predicted that at least 75,000 retail doors might close by 2026 if e-commerce sales continue to grow, but a new report indicates the recent 25 percent tariff hike could accelerate widespread store closures. Last month UBS equity analyst Michael Lasser pointed out the impact on brick-and-mortar retail should e-commerce sales grow to 25 percent…

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