Costco is pressuring suppliers in mainland China to cut prices, FT reports

Reuters
03-18
Costco is pressuring suppliers in mainland China to cut prices, FT reports

March 18 (Reuters) - Costco Wholesale COST.O is pressuring suppliers in mainland China to cut prices in response to U.S. tariffs, The Financial Times reported on Tuesday, citing two suppliers.

Costco did not immediately respond to a Reuters request for comment.

(Reporting by Neil J Kanatt in Bengaluru; Editing by Tasim Zahid)

((Neil.JKanatt@thomsonreuters.com;))

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