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

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Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs
Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.CNBC - 5h -
Trump Tariffs Rattle Border Businesses as They Hike Prices
Uncertainty and the threat of further disruption prompt big changes and plenty of worries at small companies that depend on cross-border business.Inc. - 4h -
Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs
Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...MarketWatch - 1d -
Trump's new tariffs could hike car prices by $12,000, report says
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.CBS News - 22h -
These products could see price hikes under Trump's new tariffs
Consumers are likely to face higher costs for some imported goods, experts say. Here's the potential impact on your wallet.CBS News - 4h -
Target warns Trump’s tariffs could cut into profits
Big-box US retailer says it expects ‘meaningful year-over-year profit pressure’ in first quarterFinancial Times - 9h -
Best Buy CEO says tariffs make price increases for Americans highly likely
Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer’s stock toward its worst day in more than 3 yearsMarketWatch - 1h -
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.CNBC - 7h -
Target Reports Solid Holiday Quarter But Warns of Tariff Uncertainty Ahead
The retailer ended 2024 with a good holiday season, but warned of uncertainty ahead.The New York Times - 9h
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Stocks tumble for second straight day as tariffs take effect
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