Companies are preparing to raise prices in response to President Donald Trump's tariff proposals.
Trump announced tariffs on numerous countries, leading to price increase warnings.
Companies like AutZone, Columbia Sportswear, Stanley Black & Decker, Walmart, Best Buy, Target, and Volkswagen have all expressed plans to raise prices.
AutoZone CEO mentioned passing tariff costs to consumers, especially due to Trump's 25% car import tariff.
Columbia Sportswear's CEO expressed concern about tariffs affecting prices.
Stanley Black & Decker evaluated scenarios for new tariffs and planned to offset impacts with supply chain and pricing actions.
Walmart's CFO and CEO discussed potential price increases if Trump's tariff proposals are enacted.
Best Buy's CEO highlighted the likelihood of price increases due to Trump's tariff plans.
Target's CEO expected price increases on produce due to Trump's tariff plans on goods from Mexico and Canada.
Volkswagen mentioned placing import fees on vehicles made outside the US in response to Trump's 25% car import tariff.