Walmart asks Chinese suppliers for up to 10% price cuts to offset tariffs, facing pushback.

Walmart is asking some of its Chinese suppliers to significantly cut their prices—up to 10% per tariff round—to offset the costs of U.S. tariffs. Suppliers are pushing back, with some refusing cuts over 3%, citing the impact on their profits. This move highlights the strain on global supply chains and the financial pressures on retailers and potentially consumers due to trade tensions.

5 weeks ago
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