Shares of U.S. retailers fall after President Donald Trump said the U.S. is calculating a massive increase in tariffs on Chinese imports, fueling concerns over likely impact on sourcing supplies
Apparel retailers Gap (GAP.N) , Nike (NKE.N) , Ralph Lauren (RL.N) , Lululemon (LULU.O) down ~2%
Abercrombie &amp; Fitch (ANF.N) , American Eagle Outfitters (AEO.N) down ~3%
Shares of electronics retailer Best Buy (BBY.N) down ~4%
Toymakers Mattel (MAT.O) and Hasbro (HAS.O) fall nearly 4%
Levi Strauss (LEVI.N) down 12% after flagging high costs linked to U.S. import tariffs
S&amp;P 500 Consumer Discretionary Distribution &amp; Retail Index .SPXRT is down 2.5% on Friday

LEVI

Shares of U.S. retailers declined following President Trump's indication of potential significant tariff increases on Chinese imports. Notable drops include Gap, Nike, and Ralph Lauren down approximately 2%, Abercrombie & Fitch and American Eagle Outfitters down around 3%, and Best Buy down about 4%. Toymakers Mattel and Hasbro also fell nearly 4%, while Levi Strauss saw a 12% drop due to high costs from U.S. tariffs. The S&P 500 Consumer Discretionary Distribution & Retail Index decreased by 2.5% on Friday.

- U.S. retailers' shares declined following President Donald Trump's announcement of potential significant tariff increases on Chinese imports.  
- Apparel retailers like Gap, Nike, and Ralph Lauren saw drops of around 2%, while Levi Strauss fell 12% due to high import costs.  
- The S&P 500 Consumer Discretionary Distribution & Retail Index decreased by 2.5% on Friday, reflecting broader market concerns.  

BUZZ-US retailers slip as Trump hints at higher tariffs on China imports