10:56 AM EDT, 05/15/2025 (MT Newswires) -- Walmart ( WMT ) Chief Executive Doug McMillon said Thursday the company will have to raise prices due to President Donald Trump's tariffs.

"We're positioned to manage the cost pressure from tariffs as well or better than anyone," the CEO said on the company's earnings call, according to a transcript. "But even at the reduced levels, the higher tariffs will result in higher prices."

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