Your Target run could be more expensive in the coming days, CEO warns
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Target's CEO, Brian Cornell, has warned that new tariffs imposed by the Trump administration on Canada, Mexico, and China could lead to increased grocery costs at Target stores as early as this week.
March 04, 2025 | 3:15 pm
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Target's CEO, Brian Cornell, has indicated that new tariffs on Canada, Mexico, and China could result in higher grocery prices at Target stores soon.
The announcement of potential price increases due to tariffs is likely to negatively impact consumer sentiment and could lead to a short-term decline in Target's stock price as investors react to potential decreases in sales volume.
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