Home Depot Working to Avoid Major Price Hikes

Home Depot's CEO was among a major meeting of retail company heads who are working to avoid price hikes and supply shortages due to tariff wars.

According to Bloomberg, Home Depot is hopeful that won't happen.

A spokesperson for Home Depot told Bloomberg that the company "looked forward to continuing constructive dialogue" on trade policy. That came after the April meeting in which Home Depot EO Ted Decker and the leaders of Walmart and Target warned of possible price increases and supply shortages if the tariffs don't subside.