Walmart says higher prices from tariffs coming as soon as this month

Shopper pushes a basket into the produce section of a Walmart store in Englewood, Colo.

The world's largest retailer says it won't be able to absorb all the costs from higher tariffs on imported goods, particularly from China. Already in April, shoppers began tightening their budgets as retail spending did not grow much compared to March.

(Image credit: David Zalubowski)