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China targets Walmart on tariffs

Insider on MSN · 20h

China's warning to Walmart on tariffs shows Beijing is worried about local businesses

Beijing brought Walmart executives in for a meeting earlier this week — a sign the country is keeping a close watch on retailers amid concerns about US tariffs. On Tuesday, Chinese authorities summoned the retail giant for a meeting,

Forbes on MSN · 19h

Trump’s Tariffs Trigger Clash Between China And Walmart—What To Know

Chinese officials summoned Walmart executives over reports of the retailer pressuring its Chinese suppliers to lower prices to help counteract Trump’s tariffs.

Walmart feels the heat in China after Trump imposes tariffs

Walmart is getting caught in the middle of an escalating trade war between the United States and China. Chinese officials confirmed on Thursday they had met with executives from the US retail giant, following a news report that it had pressured its suppliers in China for discounts to cope with rising tariffs imposed by Donald Trump.

Walmart Faces Heat From Beijing

Bloomberg on MSN · 1d

Walmart Faces Heat From Beijing After Demand for Price Cuts

China summoned Walmart Inc. executives on Tuesday to express its concern, after the US retailer reportedly urged its mainland suppliers to absorb increased American trade tariffs.Such a demand would potentially break the supply chain,

Financial Post · 1d

Walmart faces heat from Beijing after price cut demands

The move marks Beijing’s efforts to show strength as President Donald Trump targets China with consecutive rounds of trade tariffs. Bloomberg reported last week that Walmart asked some suppliers for major price reductions as a way to insulate American consumers from higher levies on Chinese goods.

CNBC on MSN · 1d

China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says

Chinese and American companies should “work together” to respond to U.S. “unilateral imposition of tariffs,” Chinese state media said.

Business Times15h

Walmart Faces Backlash from Beijing After Pressuring Chinese Suppliers to Absorb Tariffs

Chinese authorities summoned Walmart executives this week to discuss concerns over reports that the retail giant had ...

6h

Exclusive-Major US toymaker speeds up plan to move manufacturing out of China

A major supplier of toys to Walmart and Target is accelerating its shift out of China as it reshapes production amid ...

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