COSTCO to raise prices because of U.S. vs China trade war

Business

The trade war between the U.S. and China is going to cost you more at COSTCO, affecting goods like furniture, bikes and luggage.

President Trump slapped tariffs on $250-billion worth of Chines exports and warned the tariffs are likely to stay for some time.

Related: Trump promise of new Mexican tariffs brings protests

China has retaliated by also imposing new tariffs.

The retailer says it’s sourcing goods from other countries to try to keep costs down.

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