Target (TGT) customers are likely to see price increases on certain goods in the coming days as result of President Trump's tariffs, Chief Executive Brian Cornell said Tuesday in an interview on CNBC.
"We know for certain categories like fruits and vegetables, where during this winter season, we depend on Mexico for a significant amount of supply, those are categories where we'll try to protect pricing, but the consumer will likely see price increases over the next couple of days," Cornell said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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