Retail sales see large boost last month ahead of tariffs

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U.S. retailers reported high earnings in March as consumers planned ahead of President Donald Trump’s “reciprocal tariffs” imposed on nearly every nation.

Retail sales increased 1.4% in March compared to February, the Commerce Department said Wednesday. That figure is up from February’s 0.2% gain, which was, at the time, the highest monthly gain in retail sales since January 2023.

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