Sources Reuters | Published: March 4, 2025, 9:57 p.m.

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Source: Reuters | Published: March 4, 2025, 9:57 p.m.

Target, Best Buy warn of price hikes due to tariffs, shares fall

On the first day that President Donald Trump's sweeping tariff policies went into effect, US retailers Best Buy and Target warned they'd likely have to hike consumer prices, sending their shares tumbling.

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