CEO Brian Cornell says supply chains are short for fresh fruits and vegetables, and the retailer is reliant on produce from Mexico during the winter.
A tariff is a tax imposed on imported goods and services. Here's what to know about them, why they're used, and what economists say.
The imports are likely to impact certain kinds of products, and fruits and vegetables could be the first place consumers see higher prices.
President Trump's tariffs are taking a toll on Best Buy (BBY) just as the company is starting to turn sales around. Best Buy stock plunged 12% on Tuesday as a new round of tariffs was imposed on ...