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Top Executive Sells Pricesmart Shares in a Major Move!
PriceSmart, Inc.'s (NASDAQ:PSMT) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
As trade concerns spread, Trump discusses the impact of tariffs with retail giants such as Walmart.
① The President of the USA, Trump, discussed the impact of the comprehensive tariff plan on American retailers with the CEOs of Walmart, Target, and Home Depot; ② The tariffs may lead to further price increases in the USA, affecting retailers and consumers. The National Retail Federation warns that tariffs will cause American families to spend more on everyday goods.
The "wolf is coming" of tariffs forces a consumer frenzy: Americans are staging a "doomsday hoarding" while companies are pushing the inventory pedal to the metal.
The latest economic data confirms the rumors: In the face of the Damocles sword of increased tariffs, USA consumers are starting a wave of "preventive shopping frenzy."
Scotiabank Maintains Pricesmart(PSMT.US) With Hold Rating, Maintains Target Price $100
Pricesmart (PSMT) Gets a Hold From Scotiabank