Walmart pressures Chinese suppliers for lower prices amid US tariffs, stressing supply chains and consumer wallets.

Walmart is pressuring Chinese suppliers to lower prices to offset the costs of US tariffs, facing pushback as Chinese suppliers argue the cuts are unsustainable. This strain comes as 61% of US consumers report stress over rising grocery costs, adjusting their shopping habits. Walmart and other retailers are navigating these tensions by seeking alternative suppliers and diversifying their sourcing, but the shift is challenging and costly.

4 days ago
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