Tariffs will cost Gap up to $150 million

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Tariffs will cost Gap up to $150 million

cnn.com/2025/05/29/business/gap-tariffs-stock

Tariffs are slamming Gap.
Gap said Thursday that if President Donald Trump’s 30% tariffs on China and 10% duties on most imports from other countries remain at current levels, it could cost the company $100 million to $150 million this year.
Gap (GAP) stock plunged 15% during after hours…

This story appeared on cnn.com, 2025-05-30 00:46:34.799000.