Dollar Tree: We’ll Drop Products Due To Trump’s Tariffs

Fox Business reports:

Dollar Tree said Wednesday it may adjust or even eliminate certain products if President-elect Trump’s proposed tariffs take effect.

The discount retailer, which has high exposure to China, told analysts it has a “wide range of potential actions” it can take to mitigate additional tariffs if they materialize, including changing product details or sizes and even getting rid of items altogether if they become too expensive.

Under the proposals, a universal 10%-20% tariff would be imposed on imports from all foreign countries, and an additional 60%-100% tariff would be imposed on imports specifically from China.

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