Key Takeaways Walmart has said it could start raising some prices soon. It hasn't yet said which products might see higher prices.Experts say to watch for product categories that are typically imported.

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,

R etail giant Walmart is known for low prices, but those prices are about to go up. On its latest earnings call, CEO Doug McMillon and CFO John David Rainey warned that the compan

"Walmart’s price increase will make it easier for other retailers to follow suit,” said Neil Saunders, managing director of retail at the analytics at GlobalData Plc.

Treasury Secretary Scott Bessent on Sunday played down inflation risks from the Trump administration's tariffs, saying that he spoke to the head of Walmart and the retailer's warnings of price increases for consumers were simply a “worst case scenario.

Trump tells Walmart to ‘eat’ higher costs brought on by his trade approach as terms like ‘tariffs,’ ‘uncertainty’ and ‘recession’ are coming up more frequently in company earnings calls.

Many investors celebrated the agreement between the U.S. and China to relax trade tensions at least temporarily. Walmart's executives expressed some relief as well in the company's Q1 earnings call. CEO C. Douglas McMillon thanked President Trump and Treasury Secretary Scott Bessent for lowering tariffs on Chinese imports.