April 2nd, Gelonghui | After being interviewed by the Ministry of Commerce of China last month, insiders revealed that Walmart continued to push Chinese suppliers to reduce prices in order to offset the tariffs imposed by US President Trump.
Insiders said that the world's largest retailer has not abandoned its demand for up to a 10% price reduction from suppliers in each round of tariffs, which is essentially equivalent to making them bear Trump's tariffs.
After being previously interviewed and warned by official social media that measures might be taken against it, Walmart's stance remains unchanged. Insiders stated that Walmart's negotiations with suppliers are conducted on a product category basis rather than based on the country of origin.
A Walmart spokesperson said that the company's communication with suppliers is all aimed at providing low prices, and the company will work closely with them to find the best way.
Original article: https://www.toutiao.com/article/7488597528533418534/
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