Target and Best Buy CEOs have warned consumers to expect price hikes in the coming days due to newly imposed tariffs by the Trump administration on imports from Canada, Mexico, and China. These tariffs are anticipated to have immediate impacts on the prices of various goods, including fruits, vegetables, and electronic products. Economic experts predict that inflation resulting from these trade measures will lead to higher costs for everyday items, affecting consumers nationwide. As businesses brace for the impact, shares of companies like Best Buy have already started to decline, reflecting concerns about reduced sales as prices rise. Analysts are advising consumers to prepare for increased costs on a range of products in the near future.