Best Buy CEO on potential Trump tariffs: Consumers will bear the brunt

By Yahoo! Finance   |   1 year ago
Best Buy CEO on potential Trump tariffs: Consumers will bear the brunt

Best Buy is bracing for new tariffs proposed by President-elect Donald Trump, with CEO Corie Barry warning of potential price increases for consumers due to the impact on vendors. The company and its suppliers are exploring strategies to mitigate the effects of the tariffs, as they anticipate challenges in the retail industry.

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