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.

It won't be long until shoppers in Tennessee feel the economic pinch from the Trump administration's tariffs on Mexico and Canada. Here's what to know.

Sales and profits slipped for Minneapolis-based Target​ during the crucial holiday quarter as customers held back on spending and the company said there will be "meaningful pressure" on its profits to start the year because of tariffs​ and other costs.

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.