Tariff Quote Watch: Best Buy Ready To Tackle Tariffs, TV Exposure Limited By Mexican Purchases — Panjiva
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Tariff Quote Watch: Best Buy Ready To Tackle Tariffs, TV Exposure Limited By Mexican Purchases

China 3053 Cons. Discr. - Durables 575 Cons. Discr. - Retailing 519 Info Tech - Tech Hardware 866 Mexico 929 Quote Watch 452 Tariffs 1870 U.S. 5404

The implementation of so-called list 4A tariffs on U.S. imports from China from Sept. 1 has captured a large range of consumer electronics including televisions. Retailer Best Buy’s CEO, Corie Barry, has stated the firm has increased inventories, made pricing strategy decisions and reviewed sourcing. Yet, Barry has also noted that it is “hard to predict how much consumers will react to higher prices”, limiting visibility on the overall financial impact of the duties. Panjiva’s U.S. seaborne data shows 82.4% of shipments associated with Best Buy came from China ...

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