(Reuters) -Walmart ( WMT ) is sticking to its sales and operating income growth forecast for the year, the retailer said on Wednesday, even as U.S. President Donald Trump's sweeping tariffs fuel economic uncertainty.

The retailer in February had forecast sales for the fiscal year ending January 2026 to rise between 3% and 4% and annual adjusted operating income to increase between 3.5% and 5.5%.

The retail behemoth, which is the biggest U.S. importer, is at the risk of taking a hit from Trump's slew of tariffs, mainly on Asian countries that supply everything from clothing to toys to Walmart ( WMT ).

"We've learned how to manage through turbulent periods," Walmart's ( WMT ) CEO Doug McMillon said at a two-day investor meeting in Dallas, Texas, that started on Tuesday.

"And while we don't know everything that is going to happen ... We do know what our priorities are, and we know what our purpose is, and we'll be focused on keeping prices as low as we can," he said. "And we'll focus on managing our inventory and our expenses well."

Around 60% of Walmart's ( WMT ) imports are from China, while Vietnam remains one of its top five suppliers, according to a Reuters report in November 2023.

Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday including a 104% duty on Chinese goods, deepening the global trade war.

Walmart ( WMT ) continues to expect its first-quarter sales growth between 3% and 4%. However, the company said "the range of outcomes" for its first-quarter operating income growth has widened due to several factors including the need "to maintain flexibility to invest in price as tariffs are implemented."

The company in February said it expected first-quarter adjusted operating income to rise in the range of 0.5% to 2%.

The retailer's shares, which have fallen nearly 9% since the new tariff announcement on April 2, were down about 1% in premarket trading.

(Reporting by Ananya Mariam Rajesh in Bengaluru and Siddharth Cavale in Dallas; Editing by Anil D'Silva)