Best Buy CEO warns tariffs will raise gadget prices

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‘Tariffs at 25 percent will result in price increases and will be felt by US consumers’

Best Buy CEO Hubert Joly has warned that consumers are likely to be hit by price increases as a result of (Trump’s + 25%) tariffs… “The impact of tariffs at 25 percent will result in price increases and will be felt by US consumers,” the CEO said (today) ..

..3,805 products that will be affected by tariffs of up to 25 percent will (cost more).. This list includes gadgets such as laptops, cellphones, and tablets, … everyday items like clothing, books, bedsheets, and fresh produce..

..Best Buy, may be forced to pass some or all of the cost on.

www.theverge.com/2019/5/23/18637110/best-buy-ceo-gadget-price-rises-tariffs-trump-trade-war-china

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