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 Inc. said that the raft of tariffs implemented by President Donald Trump will lead to some price increases on certain products, but that they won’t be wide-ranging. The company reported fiscal second-quarter results that missed expectations,

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

Minister of State for Commerce and Industry Jitin Prasada in a written reply told the Lok Sabha that a combination of production-linked incentives (PLIs), logistics reforms, and market-expansion strategies are being deployed to safeguard India’s global competitiveness.

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.