Target and Best Buy warn of price hikes from Trump's tariffs
- Target and Best Buy warned on Tuesday that customers will see higher prices.
- President Trump's tariffs on goods from Mexico, Canada, and China caused the warnings.
- The tariffs include 25% on Mexico and Canada and 20% on Chinese imports.
- Target CEO Brian Cornell said customers should expect to pay more for produce.
- Consumers will likely see price hikes affecting essential and discretionary goods potentially slowing spending.
135 Articles
135 Articles

Stater Bros. lays off store clerks, a first for the 89-year-old chain
Stater Bros. Markets did something in recent days that it’s never done in its 89-year history: it laid off store clerks. The San Bernardino supermarket chain’s chief executive blamed inflation and tariffs imposed by President Donald Trump for cutting 63 “courtesy clerks” at several Southern California stores. The clerks learned of their layoffs in a video shown to them Feb. 17, six days ahead of their last day. The 10-minute video, viewed by the…
Montanans weigh in on how 25% tariff will increase grocery prices
Three major tariffs by the Trump administration went into effect on Tuesday: a 10% tariff on Chinese imported goods and a 25% tariff on Mexican and Canadian goods. According to a LendingTree study in 2025, almost 95% of Montana's imported goods are from those three countries. Economist Robert Sonora expects these tariffs will hurt the wallets of Montana consumers. Watch the full story: Montanans weigh in on how 25% tariff will increase grocery p…
New tariffs likely to raise grocery & car prices, Alaska economist says
With President Donald Trump telling members of Congress Tuesday new U.S. tariffs imposed on Mexico, Canada and China will mean “a little disturbance,” an Alaska economist used coffee as an example to say 49th state consumers should prepare to pay even higher than the Lower 48 because of Alaska’s historic difficulty importing items.
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