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.

Automakers got a one-month exemption yesterday from the 25% tariffs on imports from Canada and Mexico—a glimmer of hope that sparked a Wall Street rally. But Target CEO Brian Cornell and other U.S. retailers say they could raise prices on fresh-food imports within days.

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 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.

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

Target Chief Executive Brian Cornell said its shoppers would likely see price hikes in its stores "over the next couple of days."

Consumer items ranging from avocados and strawberries to electronics and gasoline look poised for price hikes in the wake of President Donald Trump’s tariffs on Mexico, Canada and China.