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Best Buy says Trump's tariffs could force it to raise prices for consumers
Consumers could face higher prices for electronics if President-elect Donal Trump hits Canada, Mexico and China with new tariffs, Best Buy CEO said.
Best Buy CEO says higher costs from tariffs would mean higher prices for shoppers
Goods from China would see an additional 10% charge if Trump followed through on his promise."There's very little in the consumer-electronics space that is not imported," Barry said. "Almost everything is imported.
Best Buy CEO Says Trump Tariffs Would Raise Electronics Prices
Best
Buy
’sBBY-5.74%decrease; red down pointing triangle chief executive warned that customers would largely bear the brunt of higher costs from Donald Trump’s new tariff pledges. Chief Executive Corie Barry said Tuesday that since margins in the ...
Best Buy says Trump tariffs means higher prices at a difficult time for the retailer
Shoppers waiting for the right deal to upgrade their laptop or smartphone will not want to wait past the holidays: New tariffs on China and other countries would mean higher prices at retailers like Best Buy next year.
7h
on MSN
Best Buy posts another quarterly sales drop while Kohl's sees slump deepen
Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to ...
11h
Best Buy broadly misses earnings estimates as consumers pull back on appliances, electronics
Appliance and entertainment sales dropped 14.70% and 18.80%, respectively, compared to estimates of down 7.5% and 4%.
2h
Best Buy Black Friday 2024: Save 55% on Dyson, plus Samsung, Apple, Bose and more
Waiting is a bummer — so don't. Nab up to 75% off on robovacs, tablets, coffee makers, TVs, the list goes on and ...
10h
on MSN
Best Buy Stock Is Sinking After Earnings. Here's Why
Best Buy is one of the worst S&P 500 stocks Tuesday after the retailer missed quarterly earnings expectations and slashed its ...
Wall Street Journal
8h
Black Tuesday? Best Buy Warns of Tariff Impacts
Best
Buy
's chief executive warned that customers would largely bear the brunt of higher costs from Donald Trump’s new tariff pledges. Chief Executive Corie Barry said Tuesday that since margins in ...
1d
on MSN
What Black Friday 2024 ads were released? Where to shop deals, sales at Best Buy, Target, more
Black Friday 2024 sales are offering early deals now. Here's where to see which doorbusters to shop on Black Friday from ...
15h
on MSN
2024 Black Friday ads: Best deals from Amazon, Target, Best Buy, Walmart, Kohls, Home Depot, and more
To help you make the most out of this Black Friday, we've checked out all the best deals from the Black Friday ads of Best ...
11h
on MSN
Best Buy Lowers Full-Year Forecast Amid Turnaround Efforts
Best Buy Co. cut its full-year comparable sales guidance on sluggish demand for electronics and other appliances, a sign of ...
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