Best Buy and targeted executives say the prices are about to rise due to definitions

Target and Best Buy says the definitions of Trump on Mexico, Canada and China can raise prices in their stores as soon as this week. During an interview with CNBCThe target CEO Brian Cornell said that consumers will likely see an increase in prices during the next two days, “while the CEO of Best Buy Corie Barry Likewise, he said to investors These prices are the most expensive “very possible”.

Cornell CNBC told that half of the Target commodities come from the United States, but the company depends on Mexico for a “large amount” of fruits and vegetables during the winter season, which may lead to strawberries, bananas and avocados more expensive. Cornell added: “These are categories in which we try to protect prices, but the consumer is likely to see an increase in prices during the next two days,” Cornell added.

Meanwhile, Barry Pay Barry He said during profits An invitation that China and Mexico remain the best country as the company gets its products. “We expect our sellers to pass through a variety of all of the costs of the customs tariffs of retailers, making prices for US consumers probably,” Barry said.