Until now, America’s largest home improvement retailer has limited what it has said about the impact of tariffs on its prices. But after reporting quarterly results Tuesday, CFO Richard McPhail said Home Depot would have to implement some price increases as a result of the Trump administration’s taxes on imports.

Home Depot affirmed its full-year growth outlook for adjusted earnings per share to decline approximately 2%, for total sales to increase by about 2.8% and for comparable-sales growth of about 1%. Home Depot expects to open approximately 13 new stores during the year, in line with its prior guidance.

Retailers including Lowe’s and Walmart will hold earnings calls this week, which could indicate the impact of tariffs on spending.

Even as tariff-related ruction appears to be settling down, U.S. President Donald Trump is still reshaping global trade and industry — and everyday life.

During a press briefing on Tuesday, US White House Press Secretary Karoline Leavitt stated that President Donald Trump imposed new tariffs on India with the aim of deterring Russia from continuing the Ukraine conflict.

But the prices of hair extensions and hair glues used to create wigs and weaves have gone up exponentially after President Donald Trump imposed a series of different tariffs on China and Vietnam, where the majority of Black beauty products are made.

Costs have increased for hair extensions, hair glue, and other essentials Black-owned beauty businesses need to operate.