The CEOs of Walmart and Target met with President Donald Trump at the White House on Monday to discuss the impact his tariffs could have on the retail industry.

For retailers, tariffs are the latest threat to an already challenging economic landscape, in which consumers are looking for low prices after years of high inflation.

President Donald Trump met with major retailers at the White House, as business executives seek relief from sweeping tariffs that have destabilized global supply chains and rattled US consumers.