Walmart attributes the price increases to the high tariffs imposed by the Trump administration, particularly on goods imported from China. The retailer's CEO, Doug McMillon, and CFO, John David Rainey,

Walmart expects to raise some prices because of the impact of President Trump's tariffs, officials said Thursday. Why it matters: The world's largest retailer, which had pledged to hold the line on pricing,

Walmart, the world’s largest retailer, warned that is not immune from President Donald Trump’s tariffs. It plans to raise prices on some items as Trump’s global trade war sends the company’s costs higher.