April 30, 2025 โ In the wake of sweeping tariffs ordered by U.S. President Donald Trump, Walmart and Target told some Chinese suppliers to resume shipments to the U.S. after executives met with U.S. President Donald Trump last week โ and major grocery chain Albertsons told suppliers it wonโt accept tariff-related price hikes.
Two Chinese factories told CNN that Walmart and Target have resumed shipments, and the costs of the 145 percent import tariffs will be covered by the retailers, according to the South China Morning Post. Trump indicated that he may back off tariffs on China after CEOs from Walmart, Target, and Home Depot expressed their concerns.
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