President Trump’s tariffs on imports faced legal challenges, with a court blocking their implementation, while an appeals court allowed Trump to continue collecting them during the appeal process. Despite the uncertainty, executives in the convenience store industry, like those from Murphy USA and Noble Markets, remain optimistic and are not altering their financial outlooks. However, industry experts warn that tariffs could lead to increased prices and operational costs, potentially affecting consumer spending and sales, especially for smaller retailers. The overall sentiment is a mix of cautious optimism and concern over the impact on costs and market dynamics.

Source: https://www.supplychaindive.com/news/c-store-execs-tariffs-sales-impact-trump/749936/