In an interview with CNBC, Chief Financial Officer John David Rainey said that while some two-thirds of Walmart's products are sourced from the U.S., the company was “not going to be completely immune” from trade duties.

The White House published three separate Executive Orders that imposed blanket tariffs on Canadian, Mexican and Chinese imports. The Executive Orders are all similar in scope, with each having a unique justification for imposing the associated tariffs.

Canada is totally focused on making sure the United States does not go ahead with a threat to impose tariffs on Canadian imports, Prime Minister Justin Trudeau said on Wednesday. "If ever there are tariffs brought in Canada,