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.
Best Buy became the latest U.S. retailer to sound the alarm on President Donald Trump’s tariffs. CEO Corie Barry warned that it is “highly likely” that prices for U.S. consumers will increase as a result of Trump’s tariffs on China and Mexico that went into effect on Tuesday,
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
Target and Best Buy warned shoppers to expect higher prices as a result of President Donald Trump’s escalating trade war.
The slump in Best Buy’s stock underscores the challenges in the consumer electronics retail sector, which is facing tough comparisons following a pandemic-driven sales
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.
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,
President Trump's tariffs are taking a toll on Best Buy just as the company is starting to turn sales around. Best Buy stock plunged 13% on Tuesday as a new round of tariffs was i
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