US retail giant Walmart has requested significant price reductions from some Chinese suppliers in response to President Trump’s tariffs. The companies, which produce kitchenware and clothing among other products, have been asked to lower their prices by as much as 10% with each round of tariffs. This move comes as the US company seeks to shift the burden of the tariffs onto its Asian suppliers. Walmart is engaging in negotiations with individual manufacturers, resulting in varying price cuts for different firms involved.
Source: https://www.bloomberg.com/news/articles/2025-03-06/walmart-asks-chinese-suppliers-for-major-price-cuts-on-trump-tariffs