If your grocery bill has been creeping higher lately, it’s not your imagination — and prices could rise even more in the coming weeks.
Walmart, the nation’s largest retailer, is warning that new U.S. tariffs on imported goods may lead to higher costs on everyday essentials, including food.
Some shoppers are already feeling the pinch at checkout.
Economists say more price hikes are likely on the horizon as tariffs — essentially taxes on goods imported from other countries — begin to take effect.
Walmart Chief Financial Officer John David Rainey told investors that the company is working to keep prices low but acknowledged that some increases are likely unavoidable.
The company imports a range of produce, including bananas, avocados, and coffee, from countries such as Colombia, Costa Rica and Peru.
The U.S. also brings in other grocery staples — like beets, cabbage, melons and pineapples from Costa Rica, and sweet potatoes and citrus fruits from Peru.
While Walmart has not specified how much prices could rise, experts say imported products like seafood, wine, coffee, nuts and cheese could all be affected.
Many of these goods come from countries facing new or increased tariffs, including Canada, Mexico and China.
President Donald Trump, in a Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing.
“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump posted. “Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”
This comes as Trump raised tariffs on most Chinese goods to 145%, though the rate was temporarily reduced to 30% this week under a 90-day pause in the ongoing trade dispute. However, the impact isn’t limited to China. Countries in the European Union, as well as Mexico and Canada, are also subject to higher U.S. tariffs.
That means shoppers could see price hikes on a wide range of goods, not just those from China.
Tips to save
Experts recommend a few strategies to help ease the burden of rising prices:
- Buy in-season produce: Domestic fruits and vegetables are often cheaper — and fresher — when in season.
- Try store brands: These are sometimes sourced differently and may be less affected by tariffs.
- Shop local: Farmers markets and co-ops typically offer U.S.-grown items that aren’t impacted by international tariffs.
- Stock up during sales: Purchasing pantry staples like rice, pasta and canned goods in bulk when discounted can help cut costs.
Shoppers can also use price comparison apps like Flipp or Basket to find the best deals in their area.
