Tariffs could raise prices on clothing, toys, furniture, appliances, footwear and travel goods, particularly items where China is a major supplier.

The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.

A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,” John David Rainey,