Walmart continues to push Chinese suppliers to cut prices, Bloomberg News reports
ReutersApr 2, 2025 3:20 AM
April 1 (Reuters) - U.S. retailing giant Walmart WMT.N is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Walmart has not backed down from its requests to suppliers to cut prices by as much as 10% for each round of tariffs, asking them to match Trump's duties, the report added.
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