Companies outline plans to mitigate impact of new tariffs Public statements on tariffs made by corporate executives in 2025
Shein:
“Due to recent changes in global trade rules … we will be making price adjustments starting April 25, 2025.”
Conagra Brands:
“I will look at everything from getting more out of our productivity programs, to [seeing] if there’s an alternative source of supply that is lower cost.”
Best Buy:
“We expect our vendors across our entire assortment will pass along some level of tariff costs to retailers, making price increases … highly likely.”
Stanley Black & Decker:
“We are accelerating adjustments to our supply chain and exploring all options as we seek to minimize the impact of tariffs on end users.”
Dollar Tree:
“We intend to remain flexible. … This includes the optionality to shift sourcing to and from different countries…”
IKEA:
“We’re building regional resilience … and now building capabilities in the Americas.”
Costco:
“And our teams will continue to rise to this challenge by leveraging our global buying power, strong supplier relationships and innovation.”
Walmart:
“…tariffs are something we’ve managed for many years, and we’ll just continue to manage that.”
Whirlpool:
“We continue to stay focused on what is within our control in this dynamic environment and successfully implemented previously announced pricing actions.”
