ET
Target boss Brian Cornell and his team were walking through a New York City conference center Monday night when the news broke: President Trump was following through on his tariff threats.
The retailer’s executives huddled sitting on sofas in a greenroom next to the stage where they would meet with their biggest investors on Tuesday. They needed to review Target’s plans. The company had created a leadership task force a few months earlier—when Trump was victorious in the presidential election—to prepare for various trade scenarios. Now the executives knew more about what they were facing.
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