Walmart gets dressing-down from China after pleading with suppliers to absorb tariff costs: report
1. Chinese officials warned Walmart about potential legal consequences over supplier pricing pressure. 2. Walmart is urging suppliers to reduce prices by up to 20% to avoid tariff impacts. 3. Recent tariffs could reignite inflation, affecting Walmart's cost structure. 4. Walmart's Chinese operations, generating $5 billion, are critical but growing slowly. 5. Shares of Walmart fell 2.6% amid concerns over supplier negotiations.