XPost: alt.fan.rush-limbaugh, alt.politics.democrats.d, or.politics
https://edition.cnn.com/2025/03/24/business/walmart-china-tariffs/index.html
Walmart thought it could use its immense
power as America’s biggest retailer to make
Chinese suppliers eat the cost of President
Donald Trump’s tariffs. But Walmart got a
response it’s not accustomed to hearing: No.
Trump has slapped 20% tariffs — or taxes on
imported goods — on all products coming from
China. That’s put the squeeze on retailers
like Walmart, which imports a lot of
merchandise from China and sells those
goods at the lowest price possible to
American consumers. Walmart, in turn, has
tried to pressure its Chinese suppliers to
lower prices. But the Chinese government is
having none of it.
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