Walmart clashes with China after asking suppliers to absorb tariffs

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Walmart is clashing with China over efforts to offset tariffs imposed under Trump, pressuring suppliers to absorb costs.

Chinese officials criticized the move, warning of potential consequences.

Walmart, which sources 60% of its shipments from China, risks price hikes in key markets but has leverage as a major buyer, Axios has reported.

The retailer offered to work with suppliers to minimize damage, but tensions remain high.

Written by B.C. Begley

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