7 Companies That Have Said Their Prices Are Likely To Go Up Due To Trump’s Tariffs

Best Buy CEO Corie Barry touched on the issue of tariffs in the company’s Q4 earnings call. She said, “The consumer electronics supply chain is highly global, technical, and complex. China and Mexico remain the No.1 and No. 2 sources for products we sell, respectively. While Best Buy only directly imports 2% to 3% of our overall assortment, we expect our vendors across our entire assortment will pass along some level of tariff costs to retailers, making price increases for American consumers highly likely.”