Forecasts show only modest growth in Christmas sales in the US
The American retail sector is preparing for a rather restrained Christmas season, as President Donald Trump's unpredictable trade policy is causing customers to be more cautious when buying expensive gifts.
The Christmas shopping season covers a three-month period from November to the end of January, including important sales days such as Thanksgiving, Black Friday, Cyber Monday, and Christmas, which account for a significant portion of annual retail sales.
Due to the current economic situation, several companies have revised their profit forecasts downward in recent weeks.
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