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  | | News Alert | |
| |  | | | Walmart, the nation's largest retailer known for affordability, announced it would be raising prices, providing the clearest signal to date of the effects on U.S. shoppers of President Trump's steep tariffs.
In an earnings call on Thursday, executives for the retail giant told industry analysts that an increase in prices would be unavoidable in the face of the highest import duties the U.S. has seen since the 1930s.
Goods including vegetables and furniture will see a jump in price, executives said, a trend that will worsen in July when back-to-school shopping begins. Car seats made in China could increase in price by $100, the company said. | | Read more | | | |
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