Costco has asked its mainland China-based suppliers to slash prices to offset tariffs imposed by the administration of President Donald Trump, the Financial Times reported Tuesday, citing two suppliers.
The US warehouse retail company's move follows that of Walmart and other retailers, the report said.
China's Commerce Ministry called on Walmart in the previous week to discuss reports of requests for lower prices from Chinese suppliers, the report said.
Costco, with seven warehouses in mainland China, "will be very careful," the report said, citing one of the suppliers.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。