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Target, consumers could be closer to feeling pain from tariffs

Washington – Target’s tariff troubles just got real.

With his latest protective tariffs on Chinese imports, President Donald Trump hit dozens of products in the Minneapolis-based retailer’s inventory. Whether it is furniture, carpets, handbags, belts, sports gear, luggage or a host of other items Target buys in China, the price is about to go up 10 percent Sept. 24 with an additional 15 percent increase on Jan. 1, 2019.

http://www.startribune.com/consumers-could-be-closer-to-feeling-pain-of-tariffs/493667181/

 

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