Walmart Raising Prices Soon — Here’s Which Products Will Cost You More This Summer
If you heard about Walmart raising prices, here are the key details you need to know ahead of your next shopping trip.

In its quarterly earnings call on Thursday, Walmart announced that the major retailer would be raising prices at its stores due to the high tariffs on imports.
During the call, the Senior Vice President of Walmart, Stephanie Schiller Wissink told investors, “Given the magnitude of the tariffs, even at the reduced levels announced this week, we aren't able to absorb all the pressure.”
Following the announcement, President Trump criticized Walmart's decision in a Truth Social post, suggesting the retailer "eat the tariffs" rather than hike prices for customers.

Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
While Wissink already discussed Walmart's plans to absorb some of the added costs of tariffs during the Thursday call with investors, she noted that the company would have to pass on some of the price hikes to customers.
Starting as soon as late May and especially in June, prices at Walmart locations nationwide and online are going up – but just how much of a price hike you can expect is still unclear. Here’s what we know so far about the major retailer’s plans.
Why is Walmart raising prices?
The recent tariffs that have been rolling out over the last few months have been hitting businesses everywhere. Everything from cars to baby items have been getting more expensive due to tariffs.
However, until now, Walmart has been somewhat shielded from the impact of the trade war because a big chunk of its products are from the United States.
“More than two-thirds of what we sell in the U.S. is made, assembled, or grown here,” Wissink said. But not everything Walmart sells is made here and, in certain cases, there are no U.S. suppliers that could replace Walmart’s overseas suppliers. So some products on store shelves will be more expensive.
The retailer didn’t say exactly how much higher prices would be, but the Senior Vice President repeatedly emphasized that Walmart was in a position to absorb some of the costs in order to keep prices for shoppers as low as possible.
Part of that ability to absorb the cost is due to the success its seen in other areas of its business. During the earnings call on Thursday, the major retailer reported a big uptick in Walmart Plus memberships, noting a nearly 15% increase in membership income over the first quarter.
That and other sources of growth have helped put the company in a position to stave off price increases, as everyday low prices have historically been one of its key draws for consumers.
Sign up for a free 30-day trial of Walmart Plus to get free shipping, exclusive deals, free Paramount Plus and other cool perks. After the trial, membership renews at $12.95/month or $98/year.
Walmart raising prices – but not on food
One way Walmart plans to limit the impact of tariff price hikes on its shoppers is by keeping food prices as low as possible. “We won't let tariff-related cost pressure on some general merchandise items put pressure on food prices,” Wissink said.
While certain imported foods that aren’t typically grown in the United States – like bananas, coffee and avocados – might get more expensive, Walmart plans to keep other food prices as low as possible. Instead, shoppers are most likely to feel the impact when shopping for electronics and toys, which, the retailer noted, are largely imported from China.
This is true across other retailers, too. One of Walmart’s biggest rivals, Amazon briefly considered displaying tariff charges on its product pages last month. Over 70% of products on the online marketplace come from Chinese suppliers, making the ecommerce giant even more vulnerable to tariffs than Walmart.
Related content
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Rachael Green is a personal finance eCommerce writer specializing in insurance, travel, and credit cards. Before joining Kiplinger in 2025, she wrote blogs and whitepapers for financial advisors and reported on everything from the latest business news and investing trends to the best shopping deals. Her bylines have appeared in Benzinga, CBS News, Travel + Leisure, Bustle, and numerous other publications. A former digital nomad, Rachael lived in Lund, Vienna, and New York before settling down in Atlanta. She’s eager to share her tips for finding the best travel deals and navigating the logistics of managing money while living abroad. When she’s not researching the latest insurance trends or sharing the best credit card reward hacks, Rachael can be found traveling or working in her garden.
-
Could Trump Accounts be the Best College Savings Option?
We compare Trump Accounts to other college savings options.
-
Trump's 'Revenge Tax': Are Jobs and Your Retirement Savings at Risk?
Tax Law Republican lawmakers proposed a retaliatory tax on foreign investors that experts warn could lead to job losses in the U.S.
-
Could Trump Accounts be the Best College Savings Option?
We compare Trump Accounts to other college savings options.
-
My First $1 Million: Early Retiree, 57, Western North Carolina
Ever wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.
-
A Cruiser’s Guide to Carnival’s Revamped Rewards Program
With Carnival launching a revamped dual‑earning loyalty program in June 2026, learn how to rack up points and tier status more strategically — aboard and ashore.
-
How to Shop Smarter as Tariffs Drive Up Prices in 2025
Tariff fatigue is real. Here’s how to save as prices rise and uncertainty grows.
-
Divorce and Your Home: An Expert's Guide to Avoiding a Tax Bomb
Your home is probably your biggest asset, so if you're getting a divorce, the stakes are high. Keep it? Sell it? You need to have a good plan in place for how to handle it.
-
The Best Phone Deals from the Best Buy Android Savings Event
Save up to $450 on a new phone from Samsung, Google and more at Best Buy
-
How Amazon Will Deliver Your Prime Day 2025 Orders — From Vans to Drones
Amazon Prime Day returns July 8–11 with 96 hours of deals, and a wide range of high-tech and flexible delivery options to match the shopping surge.
-
Chase Increases Sapphire Reserve Annual Fee by 45%: Are the New Perks Worth It?
Chase announced sweeping changes to its Sapphire Reserve card.