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

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