Walmart’s CEO and CFO are sounding the alarm on rising prices thanks to tariffs, especially on electronics, toys, and food. Despite President Trump’s call for Walmart to “eat the tariffs” and not pass costs to customers, the retailer says tight profit margins and ongoing tariff pressures make price hikes likely.
Walmart highlights how tariffs on countries like Costa Rica and Peru are already squeezing prices on bananas, avocados, and coffee. The company’s move to withhold profit forecasts signals growing uncertainty in the retail sector as tariffs shake up supply chains.
Looks like importers and sellers should brace for some sticker shock soon, but also watch closely for how these tensions play out with the ongoing US-China tariff pause and trade talks. Would love to hear if you’re already feeling these cost hits on your end.