• Walmart Asks Chinese Suppliers for Major Price Cuts on Trump Tariffs

    From ltlee1@21:1/5 to All on Thu Mar 6 13:16:00 2025
    "Walmart Inc. has asked some Chinese suppliers for major price
    reductions, with the US retail giant’s efforts to shift the burden of President Donald Trump’s tariffs facing strong pushback from firms in
    the Asian nation, according to people familiar with the matter.

    Some suppliers, including producers of kitchenware and clothing, have
    been asked to lower their prices by as much as 10% per round of tariffs, essentially shouldering the full cost of Trump’s duties, according to
    the people, who asked not to be identified as the information is
    private. Negotiations are held with individual manufacturers and the
    price cuts differ by firm, they said."

    https://www.bloomberg.com/news/articles/2025-03-06/walmart-asks-chinese-suppliers-for-major-price-cuts-on-trump-tariffs?

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