By June, shoppers at the budget-friendly retailer may start to see higher prices on the shelves for these goods.

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.