Tariff policies lead to soaring import costs. The largest home furnishings and building materials retailer in the United States announces price increases.

Recently, according to reports from US media, the largest home improvement retailer in the United States, Home Depot, stated that due to the increase in import costs caused by US tariff policies, prices of some of the company's products will be forced to increase. Home Depot stated that despite currently seeking diversified sources of supply, nearly half of the company's inventory comes from suppliers outside the United States. The significant increase in tariffs by the US government has led to higher operational costs for the company, resulting in a downward revision of Home Depot's net profit for the second quarter. Additionally, Home Depot also indicated that the current economic uncertainty and high interest rates have led to a decrease in consumers' plans for home renovations, and the company expects a continued decline in earnings per share for the year.