Trump, Target and Walmart
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Target slashed its annual sales forecast on May 21, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to President Donald Trump's trade war.
US retail chain Target has slashed its expectations for the year after a sharp fall in sales which it blamed on a "highly challenging environment" amid the introduction of trade tariffs. Its sales slumped by 5.
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Investor's Business Daily on MSNApple Stock Falls As Trump Threatens iPhone TariffApple stock fell Friday after President Donald Trump threatened to put a tariff on Apple iPhones of “at least 25%.”
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The Mirror US on MSNTarget breaks silence on Trump tariffs as sales nosedive amid DEI backlashTarget has experienced a slump in customer spending, which the company has blamed on cautious spending due to the tariffs
Apple shares dropped as much as 3% Friday after President Donald Trump threatened the tech giant with a 25% tariff if it does not start producing iPhones in the U.S. — his latest salvo directly targeting a U.S. company over how it conducts its business.
President Trump threatened Apple (AAPL) on Friday with 25% duties on overseas-made iPhones, the latest entry in a long list of company-specific tariff threats from the president stretching back to his first term in office.
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Explícame on MSNWill Target also raise its prices because of Trump's tariffs? This from CEO Brian CornellTarget's CEO, Brian Cornell, has issued a stark warning about the potential impact of Trump's tariffs on the company's operational costs. As these tariffs continue to exert pressure, Target's decision could significantly affect American consumers.
The group run by Elon Musk and aides to cut federal spending in the second Trump administration is targeting surveys conducted by the U.S. Census Bureau that it claims are “wasteful."