Walmart feels the heat in China after reportedly demanding discounts to cope with Trump’s tariffs
Last week, Bloomberg reported that Walmart was trying to find a solution to its tariff woes by asking some of its Chinese vendors for significant price cuts of as much as 10% to offset the impact of US levies.
24/7 Wall St. on MSN17h
China Hits Walmart HardChina objects to Walmart’s attempt to get suppliers there to cut prices by 10%. Supplier prices are critical to keeping ...
In response to an escalating trade war between the U.S. and China, the Chinese Consul General in San Francisco, Zhang Jianmin, issued a sharp condemnation Wednesday of U.S. President Donald Trump’s ...
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