🛒 Walmart and Target Resume Sourcing from China: What It Means for Shoppers and Global Trade

Walmart and Target have started sourcing from Chinese suppliers again, even though U.S. tariffs on Chinese goods have climbed as high as 145%. Why? To keep their shelves stocked for crucial retail seasons like back-to-school and the holidays, and to avoid price hikes for consumers. The cost of tariffs is being absorbed by U.S. retailers—not passed on to Chinese factories.

📌 Key Points:

➡️Yiwu, China’s major toy export hub, is seeing renewed orders from the U.S., with toy exports to the U.S. exceeding 15 billion RMB in 2023.
➡️U.S. retailers paused orders but factories in China kept production lines running, betting on a quick recovery.
➡️Retailers are leveraging their scale to absorb tariff costs and maintain long-term relationships with Chinese suppliers.
➡️Many U.S. buyers are demanding price reductions to offset tariff impacts, making negotiations tough for Chinese factories.
➡️This situation highlights China’s irreplaceable supply chain strength and the global interdependence of trade.

💬 How do you feel about U.S. retailers absorbing tariffs to stabilize supply? Should they pass the cost to consumers, or is this the right move for market stability? Share your thoughts in the comments!

More details in the article: https://buzzheadlines.com/society/walmart-and-target-resume-sourcing-from-china-u-s-retailers-absorb-tariffs-to-stabilize-supply/

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