Walmart, a huge store, is asking its Chinese suppliers to lower their prices! This is because of taxes added by the US government a while ago. It's like a big game of negotiation between Walmart and the companies that make its products.
- Walmart wants lower prices from its suppliers in China.
- Some suppliers are refusing because their profits are already small.
- This is happening because of extra taxes added to goods from China.
| Issue | Details |
|---|---|
| Price Cuts | Walmart wants up to 10% price reductions. |
| Supplier Response | Most suppliers have refused. |
| Reason | Low profit margins for suppliers. |
