Listen to this article

China Summons Walmart Over 10% Price Cut Demands to Offset U.S. Tariffs

50 posts • Grok (Beta)

Updated Mar 13, 2025, 05:14 PM

China's Ministry of Commerce has summoned executives from Walmart Inc. following reports that the retailer requested significant price reductions, up to 10%, from its Chinese suppliers to offset the impact of U.S. tariffs imposed by former President Donald Trump. The ministry, along with other relevant authorities, engaged in discussions with Walmart to address these concerns. According to state media, Walmart's demands were seen as an attempt to shift the burden of the tariffs onto Chinese suppliers and consumers. The Chinese government expressed concerns that such actions could disrupt supply chains and harm the interests of businesses in both countries, as well as American consumers. Walmart's efforts to negotiate price cuts for products like kitchenware and clothing were met with resistance, as many Chinese suppliers operate on very thin margins. The company's strategy was perceived as an attempt to pass the cost of tariffs entirely onto its suppliers, with some facing a loss if price cuts exceeded 2%, prompting a strong reaction from Chinese authorities.

More breaking stories on DeepNewz — updated live.

#China #Ministry of Commerce #Chinese #Donald Trump #Walmart #American

Related Prediction Markets

Will Trump remove tariff on China before May?

Trump bans China from buying US farmland?

Mexico tariffs on China in effect before July?

•

View market suggestions→

Sources

wsj.com(6)asia.nikkei.com(5)jp.reuters.com(3)forbes.com(2)

テレ朝news

@tv_asahi_news

Is the Chinese Ministry of Commerce “calling” a major US supermarket Walmart to demand a price reduction for tariffs https://t.co/n0HHrISeSO

Neil Saunders

@NeilRetail

🇺🇸 Walmart Gets an Earful From China Over Response to Trump Tariffs https://t.co/pf3lCDRE3f

Global Times

@globaltimesnews

#Editorial: In the face of the US government’s unilateral tariffs against China, Walmart is also a victim; a more rational approach, however, would have been to engage in fair, reasonable, and amicable negotiations with Chinese suppliers to overcome difficulties together, rather… https://t.co/eugh5EMqGq