Retail giant Target demands that suppliers absorb tariff costs to shield consumers

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Target tells suppliers it “will not accept any new cost increases related to tariffs on goods imported from China.”

In a memo, the retailer also says it expects suppliers to “develop the appropriate contingency plans so that we don’t have to pass price increases along to our guests.”

www.cnbc.com/2019/09/05/target-demands-that-suppliers-absorb-tariff-costs-to-shield-consumers.html

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