World’s largest retailer struggles to keep costs down as tariffs hit

(The Center Square) – The world's largest retailer says it's doing everything it can to keep prices low as its costs increase each week due to the tariffs at the center of a high-profile legal challenge.

Walmart CEO Doug McMillon told investors that the company could be forced to raise prices further due to tariff pressure.

"With regard to our U.S. pricing decisions, given tariff related cost pressures, we're doing what we said we would do," he said. "We're keeping our prices as low as we can for as long as we can."

However, not even the Arkansas-based retail giant can entirely blunt the impact of the highest tariff rates in nearly a century.

"But as we replenish inventory at post-tariff price levels, we've continued to see our costs increase each week, which we expect will contin