The world’s largest retailer confirms consumers should prepare for higher prices on a range of goods as import costs accelerate. Expect other retailers to follow suit.

A Fox & Friends guest has ripped into Walmart for blaming its impending price hikes on President Donald Trump’s tariffs. CEO Doug McMillon said Thursday during an earnings call that the discount retailer is feeling the squeeze of Trump’s so-called Liberation Day levies,

Walmart, the world’s largest retailer, warned that is not immune from President Donald Trump’s tariffs. It plans to raise prices on some items as Trump’s global trade war sends the company’s costs higher.