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 so
Target CEO Brian Cornell expressed concerns about the impact ... seasonal produce such as avocados as the company depended on Mexico “for a significant amount of supply” for those categories ...
Target shoppers can expect to see price increases on produce “over the next couple of days,” boss Brian Cornell said on Tuesday.
Target CEO Brian Cornell was among the first to raise the alarm after the Trump administration on Tuesday levied 25% duties on products from Canada and Mexico, as well as doubling the toll on
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.
Companies big and small will face higher costs on the goods they buy from other countries — and, may have little recourse but to hike prices themselves.