Walmart Warns Higher Prices Are Inevitable

2 weeks ago Volley after volley of tariffs — and at times on-again, off-again trade actions — have put companies around the world on edge. And a handful of major retailers have already raised prices across the U.S., or warned of future hikes. President Donald Trump's sweeping new import taxes and responding retaliation from some targeted countries have piled up in recent months. Because companies that buy products made abroad pay the tariffs imposed on them, higher costs that are typically passed on to consumers. Walmart, Barbie maker Mattel, Microsoft's Xbox and more have recently announced or anticipate price hikes amid the ongoing trade wars.