Walmart CFO Brett Biggs has stated that the company may have to raise prices on certain items due to the potential imposition of tariffs by President Trump. The company is trying to mitigate the costs and looking for strategies to keep prices as low as possible, but some price increases could be inevitable. Walmart imports a substantial amount of goods from China so the tariffs could significantly impact the company’s operating costs. This follows similar statements from other major retailers who have warned of price increases due to the ongoing trade war.