Trump tariffs could raise prices of produce from Mexico, Target CEO Brian Cornell warns
Cornell told CNBC that Target “relies heavily on Mexican produce during the winter months, and the tariffs could force the company to raise prices on fruits and vegetables as soon as this week,” Gabrielle Fonrouge and Jacob Pramuk reported.
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
Target CEO warns of price hikes on produce in coming days following Mexico tariffs
Target Says It Will Raise Prices on Strawberries, Bananas and Avocados
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices "over the next couple of days."
The damage is real: Tariffs spur turmoil at home and abroad
Automakers got a one-month exemption yesterday from the 25% tariffs on imports from Canada and Mexico—a glimmer of hope that sparked a Wall Street rally. But Target CEO Brian Cornell and other U.S. retailers say they could raise prices on fresh-food imports within days.
Trump tariffs prompt Target, Best Buy to warn shoppers about higher prices
Target and Best Buy warned shoppers to expect higher prices as a result of President Donald Trump’s escalating trade war.
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Target CEO Brian Cornell Sees an Uncertain Landscape as Tariffs Hit
Trump finally on Tuesday slammed 25 percent tariffs on certain goods from Canada and Mexico and doubled the ... chair and chief executive officer Brian Cornell said the outlook was still uncertain.