By Denny Jacob
Best Buy Chief Executive Corie Barry said that prices for U.S. consumers were likely to rise as President Trump's tariffs on China, Mexico and Canada take effect.
"We expect our vendors across our entire assortment will pass along some level of tariff costs to retailers, making price increases for American consumers highly likely," Barry said on the consumer-electronics chain's earnings call Tuesday. China and Mexico are two of the company's biggest supply-chain sources, she said.
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(END) Dow Jones Newswires
March 04, 2025 09:50 ET (14:50 GMT)
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