Reported about 14 hours ago
Walmart has requested significant price reductions from Chinese suppliers in response to President Trump's tariffs, aiming to shift the financial burden onto manufacturers. Suppliers of kitchenware and clothing are being asked to cut prices by up to 10%, but many have resisted due to already tight margins. This follows Walmart's earlier requests for price decreases as tariffs were implemented, highlighting the retailer's challenges in a volatile economic landscape.
Source: YAHOO