Best Buy CEO: Trump tariffs will lead to price increases later this year

Best Buy CEO: Trump tariffs will lead to price increases later this year

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President Trump's tariffs are taking a toll on Best Buy (BBY) just as the company is starting to turn sales around. Best Buy stock plunged 12% on Tuesday as a new round of tariffs was imposed on America's top three trading partners, Canada, China, and Mexico. The president implemented 25% duties…

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