Walmart caught in US-China trade war, feels the heat after reportedly demanding discounts to cope with tariffs

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.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.