Best Buy CEO Warns of Tariffs
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tariffsCBS News
•Best Buy says Trump's tariffs could force it to raise prices for consumers
79% Informative
President-elect Donald Trump said he would impose tariffs on Mexico , Canada and China on his first day in office.
Best Buy CEO Corie Barry said personal electronics could become more expensive if new tariffs are implemented.
Price hikes are not guaranteed, Barry cautioned, saying that any impact on the retailer's costs and prices are contingent on how any new tariffs might be implemented.
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