Walmart asks Chinese suppliers to slash prices as it faces Trump tariffs: report
1. Walmart seeks price cuts from Chinese suppliers due to Trump's tariffs. 2. Suppliers are resistant to Walmart's price reduction requests, fearing losses. 3. Walmart's reliance on Chinese imports has decreased from 80% to 60%. 4. Retailers are restructuring supply chains to combat tariff impacts. 5. Other retailers like Target are facing similar pricing pressures.