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Retailers J.C.Penney, Macy’s oppose proposed tariffs on apparel, footwear

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June 20, 2019. (Reuters) – Department store operators J.C. Penney Co Inc and Macy’s Inc have opposed U.S. President Donald Trump’s proposal to include apparel and footwear among the Chinese goods targeted for tariffs. The companies warned that U.S. consumers would have to pay more as they would not....

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