Tractor Supply (TSCO) Plunges 13.90% Amid Tariff Concerns

Tractor Supply (TSCO) shares fell 2.70% today, marking the third consecutive day of decline, with a total drop of 13.90% over the past three days. The share price hit its lowest level since January 2011, with an intraday decline of 3.91%.

The most relevant reason affecting Tractor Supply (TSCO) stock price changes is related to the impacts of tariffs. On April 7, 2025, TSCO shares sank 5.8%, marking the largest drop among S&P 500 stocks. This decline is attributed to the broader market downturn driven by concerns over additional tariffs imposed by President Donald Trump, particularly affecting products imported from China. Although Tractor Supply imports a limited amount of its products from China, tariffs on materials like steel and aluminum could lead to increased pricing pressures. This situation reflects the retailer's ongoing challenges in adapting to tariff changes, as noted by the company's CEO.