Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top […]
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Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect on Tuesday. […]
Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect on Tuesday. […]
Best Buy CEO warns price increases are ‘highly likely’ after Trump tariffs
A man walks by the front of a Best Buy store at American Dream Mall on November 29, 2024 in East Rutherford City. Kena Betancur | Getty Images Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers […]
Best Buy CEO warns price increases are ‘highly likely’ after Trump tariffs
A man walks by the front of a Best Buy store at American Dream Mall on November 29, 2024 in East Rutherford City. Kena Betancur | Getty Images Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers […]