Tariff reversal: Walmart resumes sourcing from China

Since the so-called "reciprocal tariffs" by U.S. President Trump, the attitude of global retail giant Walmart has undergone a dramatic change. Initially, it required Chinese suppliers to bear the high tariffs themselves, but just 20 days later, under pressure from inventory issues, it chose to absorb the tariffs and resume imports from China. According to the South China Morning Post, some manufacturers in Jiangsu and Zhejiang provinces have received notices from major U.S. retailers like Walmart, requesting them to resume shipments soon. Jiangsu and Zhejiang provinces have been severely impacted by the U.S.-China trade war. Reports indicate that a large stationery and office supplies exporter in Ningbo received a notice from Walmart on Monday to resume normal shipments to the U.S. The company stated that the costs of the new import tariffs would be borne by American customers. Meanwhile, foreign media reported that Home Depot and Target have also begun urging Chinese suppliers to resume shipments and have agreed to bear the tariffs. These U.S. retailers made this decision after meeting with Trump at the White House