Two of America’s largest retailers, Target and Best Buy, warned Tuesday that prices will increase following President Donald Trump’s tariffs on imported goods from Mexico, Canada and China. Target’s CEO said the price increases could happen a lot sooner than you think.

Retailers from auto shops to athletic brands have indicated that tariff costs will likely be passed on to the consumer. Target and Best Buy, two of the country’s largest retail chains, warned their prices will increase after President Donald Trump’s 25% tariffs on goods from Mexico and Canada went into effect on Tuesday,

China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a report being presented by Premier Li Qiang at the opening session of the National People's Congress,

China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds

China is confident about achieving its 2025 growth target, despite mounting external uncertainties and insufficient domestic demand, Zheng Shanjie, head of China's state planner, said during a news conference on Thursday.