President Donald Trump’s tariffs hike against Canada, China and Mexico are just starting to ripple through retail.
Target CEO Brian Cornell was among the first to raise the alarm after the Trump administration on Tuesday levied 25% duties on products from Canada and Mexico, as well as doubling the toll on
President Donald Trump’s tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.
Target shoppers can expect to see price increases on produce “over the next couple of days,” boss Brian Cornell said on Tuesday.
Target Chief Executive Brian Cornell said its shoppers would likely see price hikes in its stores "over the next couple of days."
Consumer items ranging from avocados and strawberries to electronics and gasoline look poised for price hikes in the wake of President Donald Trump's tariffs on Mexico, Canada and China.Yale University's Budget Lab has estimated the net impact of Trump's tariffs will be between a 1.
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices "over the next couple of days."