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Walmart warns of higher prices as Trump tariffs start to bite ReutersWalmart CFO says price hikes from tariffs could start later this month, as retailer beats on earnings CNBCStock Market Today: Dow Opens Lower; Walmart Says It Will Raises Prices — Live Updates WSJWalmart says higher prices from tariffs coming as soon as this month NPR
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The retailer's global ad business grew by 50%.
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Wholesale prices posted the biggest drop in April since the pandemic in 2020, but economists say the decline in inflation appeared to be a one-off that might not be sustained if tariffs persist at current levels.
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Walmart's first-quarter profit slipped, and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
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