Walmart, the world’s largest retailer, warned that is not immune from President Donald Trump’s tariffs. It plans to raise prices on some items as Trump’s global trade war sends the company’s costs higher.

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,

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.