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.
At a regular press conference on Thursday, a spokesperson of the Ministry of Commerce of China responded to reports that ...
The retailer recently published an environmental, safety and governance report that indicates 2025 goals will likely not be ...
While most names in the Dow Jones Industrial Average (DJIA) gained in the session, Walmart (WMT) was a notable outlier as it ...
The Ministry of Commerce (MOFCOM) and other departments summoned Walmart on Tuesday for reportedly requiring some of its Chinese suppliers to slash prices significantly in an attempt to shift the ...
Walmart (WMT) was asked to explain itself to China’s Ministry of Commerce after the retail giant reportedly asked Chinese suppliers to reduce ...
China’s Commerce Ministry reportedly held talks with Walmart on Tuesday after the U.S. retail giant had requested a 10% price cut from its Chinese suppliers to offset U.S. tariff costs ...
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