Walmart’s CFO, John David Rainey, recently said that if President-elect Donald Trump's proposed tariffs take effect, Walmart (NYSE:WMT) will need to raise prices on certain items. Speaking with CNBC,

The Walmart executive’s comments hint at the trickle-down impact of tariffs, as companies pay the import tax upfront and often pass on the higher input costs associated with these fees to consumers.

A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,”