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Best Buy CEO says higher costs from tariffs would mean higher prices for shoppers
BBYBest Buy(BBY) Business Insider·2024-11-26 17:42

Advertisement Best Buy is bracing for Trump's proposed tariffs on imports from China and Mexico."There's very little in the consumer electronics space that is not imported," CEO Corie Barry said.Barry said consumers typically bear some of any added costs in the form of higher prices.Best Buy is bracing for the impact of Donald Trump's proposed tariffs on imports from China and Mexico — especially as the vast majority of items it sells come from the two countries.CEO Corie Barry said Tuesday during the reta ...