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Published United StatesUpdated

US retailers haggle with suppliers after Trump tariffs

  • U.S. retailers Walmart and Target are negotiating with suppliers over price increases due to tariffs on imported goods.
  • David Dalquist, CEO of Nordic Ware, reported a cost surge of 5% to 10% affecting pricing decisions for holiday products.
  • Kim Vaccarella, founder of Bogg Bag, raised bag prices by $5 due to 20% tariffs on Chinese imports imposed earlier this year.
  • Isaac Larian, CEO of MGA Entertainment, indicated that retailers are resistant to price hikes due to stressed consumers and market competition.
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U.S. News broke the news in New York, United States on Monday, March 24, 2025.
Sources are mostly out of United States (7)
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