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Home Depot’s Tariff Tightrope – Stable Prices, Fewer Products
6 months ago
10
Finance & Crypto
homedepot
tariffs
retailnews
pricehikes
tradewar
supplychain
inflation
retailstrategy
consumerspending
economicimpact
According to the text, Home Depot is navigating the impact of tariffs on its business. The company claims most product prices will not increase, despite higher costs from trade policies, primarily by seeking more domestic suppliers. However, some products may be discontinued due to these tariffs, and the trade situation could worsen with potential new taxes on materials like lumber. Meanwhile, competitors are raising prices, and a slowdown in consumer spending on large renovation projects is also affecting Home Depot's sales growth.
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