Walmart, the world's largest retailer, is set to increase prices due to tariffs, reflecting a broader trend among retailers.

The retail giant said Trump’s import taxes remain too high to avoid passing along to shoppers, who could start paying more for some items as soon as late May.

Walmart expects to raise some prices because of the impact of President Trump's tariffs, officials said Thursday. Why it matters: The world's largest retailer, which had pledged to hold the line on pricing,