Treasury Secretary Scott Bessent has acknowledged that Walmart may pass on the costs of President Donald Trump’s tariffs to consumers through higher prices. Following a call with the company’s CEO, concerns mount over the potential impact on shoppers at the nation’s largest retailer.

As President Trump moves forward with plans to raise tariffs on imported goods, American consumers could soon face higher prices on everything from groceries to gasoline. Experts warn that these tariffs may lead to significant increases in household expenses, affecting a wide range of products.