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    China commerce ministry meets Walmart for pricing talks

    来源:https://www.shippingazette.com/    编辑:编辑部    发布:2025/03/17 08:57:54

    BEIJING officials has met with Walmart this week to discuss media reports that the US retailer has asked Chinese suppliers to slash prices on their goods to offset the impact of US tariffs, reports Reuters.


    The posts said the meeting between China's commerce ministry and Walmart representatives was held on March 11. The posts cited sources familiar with the meeting.

    Walmart confirmed the meeting took place but offered no further details.

    "We will continue to work closely with them (suppliers) to find the best way forward during these uncertain times. We have a strong business in China and are proud of our associates around the world who are delivering for customers and members," Walmart said in an emailed statement.

    The meeting was prompted by reports that Walmart had requested some Chinese suppliers to cut their prices by as much as 10 per round of tariffs, essentially shifting the full cost of US tariffs onto these suppliers.