CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices "over the next couple of days."

Shoppers will likely see prices start to increase in the coming days on their grocery bills, Target Chief Executive Brian Cornell said Tuesday. Target depends on fresh produce from Mexico during the winter months.

Key Takeaways Tariffs imposed Tuesday on imports from Canada and Mexico could result in higher prices for produce at Target within a week, CEO Brian Cornell said.Target will try to shield consumers from price increases,

President Donald Trump's tariffs hike against Canada, China and Mexico are just starting to ripple through retail.

President Donald Trump's across-the-board tariffs on goods from Mexico have not only left President Claudia Sheinbaum politically unscathed from likely economic damage but may strengthen her hand as Mexicans rally against perceived unfair treatment.

President Donald Trump has followed through on his temporarily delayed tariff threats. The US will impose a 25 percent tariff on goods imported from Mexico and Canada, while China will face an additional 10 percent tariff on top of the 10 percent tax previously enacted.

Retailers including Best Buy and Target are warning that Trump administration tariffs will force them to hike their prices.

Target shoppers can expect to see price increases on produce “over the next couple of days,” boss Brian Cornell said on Tuesday.

Tariffs on the two largest trading partners of the United States are expected to have far-reaching impacts that may be hard to predict.

Target and Best Buy warned shoppers to expect higher prices as a result of President Donald Trump’s escalating trade war.