By: Aj Fabino
Target Corp. (NYSE:TGT) has warned that President Donald Trump‘s tariffs could erode profits as the retail giant faces a combination of economic headwinds and consumer backlash over its recent retreat from diversity initiatives. The retailer, with nearly 2,000 stores nationwide, expects “meaningful year-over-year profit pressure” in the first quarter that began Feb. 2, citing “tariff uncertainty” among other factors. While CEOs publicly maintain measured responses to Trump’s trade policies, priv