China's commerce ministry meets with Walmart on supplier pricing, state media says
Walmart asked its Chinese suppliers to reduce prices to cope with U.S. tariffs, prompting a meeting with Beijing officials who warned of potential legal issues. While Walmart has diversified its supply chain, it remains heavily reliant on Chinese imports, especially for discretionary merchandise.
Walmart asked its Chinese suppliers to reduce prices to cope with U.S. tariffs, prompting a meeting with Beijing officials who warned of potential legal issues. While Walmart has diversified its supply chain, it remains heavily reliant on Chinese imports, especially for discretionary merchandise.
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