06:49 AM EST, 03/06/2025 (MT Newswires) -- Walmart ( WMT ) is reportedly asking some Chinese suppliers, including kitchenware and clothing manufacturers, to lower prices by up to 10% per round of tariffs to shift the cost burden of President Donald Trump's trade duties, Bloomberg reported Thursday, citing unnamed sources.

The report said that the retailer is reportedly negotiating price reductions individually with suppliers, and the cuts vary by company.

So far, only a few suppliers have agreed, while many remain reluctant, as reductions beyond 2% could lead to financial losses, sources said. Other manufacturers reportedly have had their upstream vendors refusing to reduce prices by more than 3%, leading them to consider purchasing parts from Vietnam, which raises concerns about potential quality compromises, the report said, citing one of the sources.

Walmart ( WMT ) did not immediately respond to requests for comment from MT Newswires.

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