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,” John David Rainey, the company’s CFO said in an interview ...

Walmart might have to hike costs if some of President-elect Trump's tariffs take effect, the company's CFO told CNBC's Melissa Repko on Tuesday. Why it matters: Consumers could lose between $46 billion and $78 billion in spending power each year if new tariffs on imports to the U.