Dollar Tree forecast misses as tariffs bite; shares slump 17%
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(Reuters) - Dollar Tree Inc forecast holiday-quarter profit below Wall Street estimates on Tuesday, as the discount retailer fell short in its efforts to counter the impact of the latest U.S. tariffs on Chinese imports, sending its shares down about 17%.The tariffs linked to the prolonged trade war between Washington and Beijing have been a pressure point for retailers, which source a large chunk of their merchandise from China.Dollar Tree, which has been trying to cushion the tariff costs by..