The Ratings Game: These are the retail brands that will be hurt most by Chinese tariffs

Getty Images
Best Buy could be impacted by tariffs on Chinese goods.

Among the retailers and brands that could be most impacted from the proposed 10% tariffs on $200 billion in Chinese goods are Best Buy Co. Inc., Michael Kors Holdings Ltd., and Coach parent Tapestry Inc., say analysts.

Raymond James analysts led by Dan Wewer think every company in its research universe will be hurt by the proposed tariffs, but say consumer electronics giant Best Buy BBY, +0.55% and arts-and-crafts shop Michael Cos. Inc. MIK, -1.21% are “the most vulnerable.”

“A negative development from [Tuesday’s] U.S. Trade Representative’s new list of products is that television parts along with monitors are now included,” analysts wrote in a note .

>>> Original Source <<<