Costco joins Walmart in asking Chinese suppliers to absorb added costs — Yahoo! Finance

Costco is following Walmart’s lead in asking Chinese suppliers for concessions in the wake of new tariffs:

“With rising import costs due to tariffs, Costco (COST) – along with major U.S. retailers like Walmart – is trying to get suppliers to absorb some of the hit. This has placed additional pressure on Chinese exporters, who are already grappling with years of tariffs and razor-thin margins.“

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