Walmart asking Chinese suppliers to absorb cost of Trump's tariffs

Walmart is asking its Chinese suppliers to cut prices to absorb the cost of Trump's increased tariffs on Chinese-made products in order to keep prices low for American consumers. Studies show that companies tend to absorb tariffs rather than passing the costs to customers.

Amazon's Plan to Launch Discount Website with Direct Shipments from Chinese Suppliers

Amazon is planning to launch a discount website featuring direct shipments from Chinese suppliers exploiting a trade loophole to avoid taxes and potentially import slavery-tainted products. The plan aims to offer extremely inexpensive products directly from China to American buyers.