Target and Best Buy Say Price Hikes Are Coming Thanks to Trump’s Tariffs
It’s not going to be long before we start feeling the impact of Donald Trump’s tariffs on imports from Mexico, Canada, and China. Big Box stores including Target, Best Buy, and Walmart are already telling shoppers to brace for price increases that could start as soon as this week.
Tariffs are threatening Best Buy and Target's turnaround, with high sourcing exposure to China and Mexico. Analysts see long-term potential but short-term risk.
Walmart Inc. has asked some Chinese suppliers for major price reductions, with the US retail giant’s efforts to shift the burden of President Donald Trump’s tariffs facing strong push back from firms ...
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