The retail industry is breathing a sigh of relief after it appeared to avoid the worst case scenario on Vietnam tariffs

We anticipate Nintendo will pass nearly all tariff-related costs to U.S. consumers, resulting in an estimated 18–20% price increase,’ Wedbush analyst Alicia Reese wrote on Thursday.

President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce.