A major retailer has announced that it will be raising prices in New York. As families continue to struggle to make ends meet, grocery prices are not coming down. The new regime promised it would lower grocery prices, which had skyrocketed due to inflation, but that's not happening.

According to USA Facts, the headline inflation rate in the U.S. was 2.3% in April 2025, while the CORE inflation rate is 2.8%.

"Headline inflation tracks specific subsets of consumer spending like food, housing, and transportation to reflect the actual cost of living."

Any working New York family will tell you that it is getting harder, not easier, to buy food and pay the bills. Now, with this major announcement, it's going to get even more difficult.

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Inflation Sends Grocery Prices Soaring
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Retail giants like Walmart and Target had a closed-door meeting with Trump recently to warn him about tariffs affecting supply and prices. Now, it looks like Walmart is making good on its warning.

The massive company operates 111 retail stores and employs over 39,600 people in New York State, per the Utica Observer-Dispatch.

Walmart announced today, Thursday, May 15, 2025, that it is raising its 'everyday low prices' due to Trump's tariffs. This is terrible news for families in New York. Prices will increase this month and early this summer, according to The Hill.

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Wal-Mart Prepares For Black Friday Shopping Rush
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Walmart Announces Price Increases Due To Trump's Trade Wars

While the new administration is placing tariffs on countries that are major suppliers of the U.S., the costs will be paid by hard-working New Yorkers, not the countries exporting the products. Many people who live in rural areas, where Trump had huge successes, rely on Walmart stores for their groceries and consumer items. Walmart's CEO Doug McMillon,

"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."

Trump lowered the tariffs he placed on China to 30 percent, down from 145 percent, but it's only for 90 days. The thing is, uncertainty is never good for the markets or the economy.

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