The 25% tariffs on imports from Mexico and Canada took effect on Tuesday, while duties on Chinese goods were doubled to 20%.
Best Buy Chief Executive Corie Barry said that prices for U.S. consumers were likely to rise as President Trump’s tariffs on China, Mexico and Canada take effect. “We expect our vendors across our ent
Shoppers at Best Buy and Target should prepare for higher prices as new tariffs on imports from Mexico, Canada, and China disrupt supply chains, according to the companies' CEOs.The heads of the retail giants sent out warnings about
The CEOs of Target and Best Buy each said price increases are highly likely amid Trump's new tariffs on Canada, Mexico, and China.
U.S. stock index futures are pointing lower following yesterday’s selloff on Wall Street as President Donald Trump imposed tariffs on Canada,
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 C
The Richfield-based retailer is relaunching its third-party digital marketplace to recreate the success it has seen in Canada. Amazon and Minneapolis-based Target also profit from third-party sellers.
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.
Consumer-electronics retailer Best Buy has taken a stab at estimating how much tariffs could hit sales. The news isn't good. If the 10% tariffs on China that began in February remain in place all year,
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.