Walmart, Target resume business with some Chinese factories after tariff-related halt, suppliers say

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Walmart, Target resume business with some Chinese .. tariff-related halt, suppliers say | CNN Business

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Walmart, Target resume business with some Chinese factories after tariff-related halt, suppliers say | CNN Business

//business-finance.news-articles.net/content/202 .. iff-related-halt-suppliers-say-cnn-business.html

Published in Business and Finance on Tuesday, April 29th 2025 at 5:00 GMT by CNN

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Walmart and Target have resumed business with some of their Chinese suppliers, after pausing orders for a few weeks due to uncertainties over the imposition of steep US tariffs, two Chinese factories have told CNN.

2025-04-29 312 x 176 / 52734 Bytes

Walmart and Target are shifting their sourcing strategies away from China due to increasing tariffs and geopolitical tensions, according to a report by CNN on April 29, 2025. The retail giants are diversifying their supply chains by increasing orders from countries like Vietnam, India, and Mexico to mitigate risks and reduce costs. This move comes as the US government continues to impose tariffs on a wide range of Chinese goods, prompting companies to seek alternative sourcing options. The shift is part of a broader trend among US retailers to reduce their reliance on China amid ongoing trade disputes and supply chain disruptions.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/29/business/walmart-target-chinese-orders-tariffs-hnk-intl/index.html ]