Consumer Companies Up on Tariff Exemption Hopes -- Consumer Roundup

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Consumer Companies Up on Tariff Exemption Hopes -- Consumer Roundup

Dow Jones03-25

Consumer companies surged amid hopes that the Trump administration would compromise on tariff policy.

President Donald Trump said there could be exemptions in reciprocal tariffs planned for some countries on April 2.

Retailers are among the corporations on the front lines of tariff policy because so much of their wares are imported for sale in the U.S. Stores selling merchandise from kitchenware to sneakers have reported stockpiling goods as they try to preempt tariffs.

Consumer confidence data could test the rally in retail stocks, following a major dip in sentiment in recent weeks and mounting inflation concerns. United, the world's largest airline by passenger traffic, is revamping its credit cards with Chase, raising the annual fees but adding benefits that the airline said will make the cards more valuable.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

March 24, 2025 17:06 ET (21:06 GMT)

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