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, state media CCTV said. The report added that the ministry is believed to have expressed concern over Walmart’s “unfair” practice, which it believes may create the risk of supply chain disruption and harm the interests of Chinese and American companies and American consumers.”
VOA Mandarin: China, Walmart discuss response to US tariffs
- By Joyce Huang
