Walmart and Target have reportedly restarted orders with select Chinese suppliers after a brief pause. The resumption follows a meeting between the White House and major retail executives, who warned of potential shortages.
Key takeaways:
- Walmart and Target have reportedly partially resumed orders with Chinese suppliers after a tariff-induced pause, aiming to prevent inventory shortages.
- U.S. retailers are absorbing the new tariff costs, but many Chinese suppliers face ongoing uncertainty and pressure to lower prices.
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