The world’s largest retailer confirms consumers should prepare for higher prices on a range of goods as import costs accelerate. Expect other retailers to follow suit.

Walmart is the largest importer of container goods in the US, with approximately 60% of its imports coming from China. McMillon also noted that tariffs on countries like Colombia, Costa Rica and Peru will put price pressures on food imports, including bananas, avocados and coffee.

Walmart, the world’s largest retailer, warned that is not immune from President Donald Trump’s tariffs. It plans to raise prices on some items as Trump’s global trade war sends the company’s costs higher.