Walmart has indicated that consumers will soon start seeing higher costs as Trump's tariffs have begun to take effect. And retailers broadly have tried to warn consumers about imp

Walmart shares slumped in early trading Monday after President Trump said the retailer should absorb the cost of tariffs rather than pass it on to customers by raising prices.

Walmart CEO Douglas McMillon said that the retail giant is being forced to raise its prices as a direct result of the president's trade war.