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@ Nostr News Network
2025-04-04 00:18:56
🇺🇸 WALMART DEMANDS CHINA SUPPLIERS EAT TRUMP TARIFF COSTS
Walmart is forcing suppliers to slash prices — despite Beijing’s warnings.
The retail giant is demanding up to 10% cuts per tariff round to absorb the cost of Trump’s China tariffs.
This follows a tense meeting last month where Chinese officials summoned Walmart execs, urging them to reconsider.
Why it matters:
Walmart’s strategy directly pressures Chinese manufacturers to bear the brunt of U.S. trade policy, not American consumers.
The push signals Walmart’s intent to keep prices low in U.S. stores even as tensions rise.
The world’s largest retailer isn’t backing down.
Source: Bloomberg
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