Walmart is the latest U.S. retailer to warn of impending price increases due to the cost of Trump's tariffs, drawing ire from the Republican leader.

A new era of tariff-induced price increases is rippling through the U.S. retail scene as President Donald Trump trade policies force major players like Shein, Temu, and Walmart to adjust their price tags.

Walmart will leverage tariffs to gain market share by encouraging competitors to raise prices while strategically keeping prices low where it matters most to customers.