US EditionUS retailers haggle with suppliers after Trump tariffs
- U.S. Retailers Walmart and Target are negotiating with suppliers over price increases due to tariffs on imported goods.
- David Dalquist, CEO of Nordic Ware, reported a cost surge of 5% to 10% affecting pricing decisions for holiday products.
- Kim Vaccarella, founder of Bogg Bag, raised bag prices by $5 due to 20% tariffs on Chinese imports imposed earlier this year.
- Isaac Larian, CEO of MGA Entertainment, indicated that retailers are resistant to price hikes due to stressed consumers and market competition.
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Former Target exec pours cold water on ‘grossly exaggerated’ tariff concerns, explains why prices won't rise
A longtime and well-respected former executive of some of America’s most popular retail companies is putting out a firestorm of concern about tariffs putting more pressure on consumer prices."They're not going to go up 10 to 15 or 20% in price," Gerald Storch – previous executive at Toys"R"Us and Target – said on "Varney & Co." Tuesday. "I think this whole thing with the tariffs is grossly exaggerated by a factor of at least two.""I think people…
·United States
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U.S. retailers haggle with suppliers after Trump tariffs | Honolulu Star-Advertiser
NEW YORK >> U.S. retailers Walmart and Target are bickering behind the scenes with their suppliers over proposed price hikes on everything from cake pans, tote bags and toys to other merchandise.
·Honolulu, United States
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Total News Sources28
Leaning Left2Leaning Right5Center7Last UpdatedBias Distribution50% Center
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- 50% of the sources are Center
50% Center
14%
C 50%
R 36%
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