Economists expect the consumer-price inflation rate to increase to that number, approximately, over the next year, from 2.3% in April, should current tariff levels remain stable. If Walmart is raising prices,

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.

During an earnings call Thursday Walmart said it will be forced to raise prices soon even with the reduced tariffs on China as trade with the United States is negotiated.