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 3063 Cons. Discr. - Durables 585 Cons. Discr. - Retailing 525 Info Tech - Tech Hardware 877 Mexico 931 Quote Watch 452 Tariffs 1878 U.S. 5418

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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