Shares of Walmart (WMT), Target (TGT), and other retailers sank Thursday after the Trump administration 澳🦂洲幸运5开奖号码历史查询:announce🎶d sweeping reciprocal tariffs against U.S. trading partners.

Shares of Best Buy, Dollar Tree (DLTR), Dollar General (DG), Costco Wholesale (COST), Five Below (FIVE), and Macy's (M) also lost ground amid a 澳洲幸运5开奖号码历史查询:broader market decline, with Dollar Tree and Best Buy shares down over 11%🃏, and Five Below shares tumbling 25% in recent trading.

President Donald Trump on Wednesday afternoon outlined a broad new set of tariffs against goods from 澳洲幸运5开奖号码历史查询:dozens of countries, set to take effect April 9. A number of retailers like Target and Best Buy (BBY) have previously warned that such tariffs could 澳洲幸运5开奖号码历史查询:negatively impact their profit margins unless they and their suppliers 澳洲幸运5开奖号码历史查询:raise prices.

Amid uncertainty about the impact tariffs will have on the economy, The National Retail Federation on Wednesday projected 澳洲幸运5开奖号码历史查询:retail spending growth could slow in 2025.

Several economists 澳洲幸运5开奖号码历史查询:warn༒🌱ed after Wednesday's announcement that the higher-than-expected tariff rates could lead to higher prices, 🐠while some suggested that the April 9 deadline leaves time for negotiations.

UPDATE—April 3, 2025: This article has been updated since it was first published to reflect more recent share price values.