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Walmart Warns Customers: Prices Are Going Up Thanks to Tariffs

Retail Giant Says Trump’s Trade Moves Are Hitting Shoppers’ Wallets

by thinktank
May 15, 2025
Reading Time: 2 mins read
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walmart

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Walmart, the world’s biggest retailer, has announced that prices on some products will go up starting this month, pointing to increased costs from tariffs as the reason. The company says it can’t fully absorb the extra expenses from new taxes on imported goods, especially electronics, toys, and even some food.

These tariffs, which are part of  Donald Trump’s ongoing global trade disputes, include higher duties on products from China, Costa Rica, Peru, and Colombia. Even after recent reductions, the remaining fees are still driving up prices on store shelves.

Walmart executives say the impact will be felt more noticeably by the end of May and even more in June. Shoppers can expect to pay more for items like strollers, toys, and mattresses—products that are still mostly made overseas.

Though Walmart supports the idea of a more balanced trade system, it believes the current tariff levels are still too steep and unfairly hit consumers.

Some companies are raising prices across the board, while others are cutting certain products to avoid sticker shock. For Walmart, which already operates on thin profit margins, the trade war puts them in a tight spot.

What makes it worse? Speaking out against the tariffs has become a political minefield. When Amazon and Mattel tried to pass on price increases or even disclose tariff-related costs, they reportedly faced threats from Trump himself.

Despite the challenge, Walmart is navigating the trade war better than most. Sales are up, especially in groceries, and the retailer continues to attract wealthier shoppers thanks to its competitive pricing and strong supply chain.

With just 15% of Walmart’s products coming from China and most groceries sourced in the U.S., the company is more insulated than many of its competitors. Analysts say that gives Walmart a chance to gain market share while others struggle with rising costs.

Still, retail as a whole is under pressure. Most baby items, toys, and footwear are produced in China, and businesses are scrambling to shift production or raise prices. The entire sector is bracing for more challenges if the trade war drags on.

Walmart’s leadership recently met with Trump to discuss the situation. They reportedly told him the tariffs are already disrupting supply chains and making it harder to plan ahead.

Bottom line? Walmart’s keeping it real. Prices are going up—not because they want to, but because they have to. And shoppers should get ready to see that change very soon.

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