#Walmart, the world’s largest retailer, said President #DonaldTrump’s tariffs are “too high” and it will raise prices on some items as Trump’s global trade war increases the company’s costs. “We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins,” Walmart CEO #DougMcMillon said Thursday on an earnings call. “The higher tariffs will result in higher prices,” he said. via cnn • nathan.berganza