Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.
Best Buy and Target CEOs say prices are about to go up because of tariffs
Target relies on produce from Mexico during the winter, while Best Buy sources most of its products from Mexico and China.
Target beats earnings expectations but tariffs bring higher prices
Target reported adjusted earnings of $2.41 per share for the quarter, down from $2.98 in Q4 2023 but well ahead of Wall Street’s expectations across the board. Overall sales fell to $30.92 billion, down from $31.92 billion a year earlier, an approximately 3 percent decline. Target stock was down 3.62 percent today.
Trump tariffs prompt Target, Best Buy to warn shoppers about higher prices
Target and Best Buy warned shoppers to expect higher prices as a result of President Donald Trump’s escalating trade war.
Target CEO: Expect price increases in the next couple days because of tariffs
New York (CNN) — Two of America’s largest retailers, Target and Best Buy, warned Tuesday that prices will increase following President Donald Trump’s tariffs on imported goods from Mexico, Canada and China. Target’s CEO said the price increases could happen a lot sooner than you think.
Target CEO says Trump’s tariffs will likely raise prices on items within ‘days’
The CEO of Target said Tuesday that be believes that President Donald Trump’s move to place tariffs on goods imported from Mexico would likely raise prices at its U.S. retail outlets, at least in
Best Buy, Target leaders say new tariffs will cause higher prices for customers
Target CEO Brian Cornell warns that prices for fruits and vegetables will likely rise due to new tariffs, while Best Buy CEO Corey Berry anticipates eventual price increases for electronics. (Scripps
Target, Best Buy CEOs warn of price increases as tariffs take effect
The heads of major retail companies are warning that their profits could be impacted by tariffs and that prices could rise, some as soon as this week.
Target, Best Buy Warn US Consumers of Tariff Price Hikes
Target Corp. and Best Buy Co. warned consumers to expect higher prices as a direct result of the tariffs US President Donald Trump imposed on Mexico, Canada and China overnight.
Your Target run could get more expensive by the end of the week, CEO warns
The CEOs of Target and Best Buy each said price increases are highly likely amid Trump's new tariffs on Canada, Mexico, and China.
Target Says It Will Hike Prices to Offset Tariffs. What Products—and When.
President Donald Trump’s latest round of tariffs will result in higher produce prices at Target in the coming days, CEO Brian Cornell said Tuesday. Other retailers are also raising the alarm. Trump’s newest tariffs went into effect Tuesday.
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