Walmart and Target CEOs warned Trump that tariffs could disrupt supply chains, empty shelves, and raise prices.

Doug McMillon, the CEO of Walmart, reportedly told President Donald Trump -- alongside other business leaders who met the president in the Oval Office on Monday -- that his tariff policy is "not good for anybody.

The chief executives of Walmart and Target privately warned President Trump this week that his sweeping tariff policy could disrupt supply chains and lead to empty shelves in the coming weeks, sources familiar with the White House meeting told CBS News.