You might want to prepare for things to pay more at Walmart. The company’s CFO, John David Rainey, told CNBC that the Trump administration’s tariffs are “still too high” and that consumers could see higher prices “likely towards the tail end of this month, and then certainly much more in June.”

With U.S. trade policies rapidly evolving, the retailer’s top executives told investors they expect higher tariffs to result in higher prices.

Walmart warned that it may raise prices as it won't be able to fully absorb higher costs due President Trump's tariffs.