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Target and Best Buy warn of price hikes from Trump's tariffs

Major U.S. Retailers, including Target and Best Buy, are warning consumers about price increases on various products due to tariffs.
Target CEO Brian Cornell stated that prices of fruits and vegetables may rise because of reliance on Mexican supply.
Best Buy CEO Corie Barry mentioned that vendors will pass tariff costs to retailers, making price increases likely for consumers.
Both executives indicated that current tariffs will result in significant price hikes for American consumers.

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Benzinga

Options Corner: Trump Blinking First On Tariffs Presents An Opportunity For Best Buy - Best Buy Co (NYSE:BBY)

While Best Buy crumbled earlier under the tariffs threat, President Trump backing off the pedal may bode well for BBY stock.

5 days ago·New York, United States

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Press-Telegram

+4 Reposted by 4 other sources

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…

5 days ago

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KPAX

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…

5 days ago

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CBC News

Shopping in the U.S.? You might need to pay more coming home

That quick trip across the border you had planned to pick up groceries at Meijer or clothes from Target might now cost you significantly more when you return to Canada.

5 days ago·Canada

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Logan Daily News

How Trump’s tariffs could mean rising costs for families

(Ohio Capital Journal) – Get ready to pay more for avocados, maple syrup and – well – almost everything.

5 days ago

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Alaska's News Source

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.

6 days ago

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