Walmart feels the heat in China after reportedly demanding discounts to cope with Trump’s tariffs

Briana Lupea

Hong Kong CNN  —  Walmart is getting caught in the middle of an escalating trade war between the United States and China. Chinese officials summoned executives from the US retail giant on Tuesday to investigate whether it had pressured its suppliers in China for discounts to cope with rising tariffs imposed by Donald Trump, according to a state media report. Trump doubled tariffs on all Chinese imports to 20% as of last week. In response, China has announced a fresh round of retaliatory tariffs,

Tag-uri: Donald Trump

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