内容摘要：A performer from the Mocidade samba school dances during Carnival celebrations at the Sambadrome in Rio de Janeiro, Tuesday, March 4, 2025. (AP Photo/Bruna Prado)

A performer from the Mocidade samba school dances during Carnival celebrations at the Sambadrome in Rio de Janeiro, Tuesday, March 4, 2025. (AP Photo/Bruna Prado)

Executives at the $750 billion company told industry analysts Thursday that they’re doing everything in their power to absorb the higher costs fromordered by President Donald Trump.

Given the magnitude of the duties, however, the highest since the 1930s, higher prices are unavoidable, and they will hurt Walmart customers already buffeted by inflation over the past three years.Trump’s threatened 145% import taxes on Chinese goods were reduced to 30% in a, with some of the higher tariffs on pause for 90 days.

Those higher prices began to appear on Walmart shelves in late April and accelerated this month, Walmart executives said Thursday. However, a larger sting will start to be felt in June and July when the back-to-school shopping season goes into high gear.“We’re wired to keep prices low, but there’s a limit to what we can bear, or any retailer for that matter,” Chief Financial Officer John David Rainey told The Associated Press on Thursday after the company reported strong first-quarter sales.

Rainey emphasized that prices are rising not just for discretionary items such as patio furniture and trendy fashions, but for basic necessities as well. The price of bananas, imported from Costa Rica, rose from 50 cents per pound, to 54 cents. He thinks car seats made in China that currently sell for $350 at Walmart will likely cost customers another $100. Baby strollers are also sourced from China, Rainey said.

Higher prices arrive as many Americans pull back on spending as they grow increasingly uneasy about the economy. AThe United States and China

most of the tariffs each nation had imposed on the other and declared a 90-day truce in their trade war.The Trump administration says it will reduce the 145% duties it had imposed on imports from China to 30%, while China says it would cut its 125% tariffs on U.S. goods to 10%.

on Apple products unless its iPhones are made in the U.S. — making the tech giant the latest company caught in the crosshairs of the White House’s tariff promises. In response to Trump’s import taxes on China, Apple CEO Tim Cook had previously said that most iPhones solid in the U.S. during the current fiscal quarter would come from India, with iPads and other devices being imported from Vietnam.The president also moves to escalate his trade war with the EU — threatening to slap a 50% tax on all imports from the 27-nation bloc starting June 1. In a post on his social media site Truth Social, Trump claims that trade discussions with the EU are “going nowhere.”