Walmart, the world’s largest retailer, is facing tensions with China after reportedly asking its Chinese suppliers to absorb the impact of U.S. tariffs imposed during Donald Trump’s presidency. The request

The Trump administration imposed 25% tariffs on goods from Mexico and Canada, as well as 10% tariffs on imports from China. The fresh round of duties on Chinese goods doubled an initial set of tariffs placed on China last month.

America's trade deficit is driven by overspending and a lack of domestic investment—not unfair trade practices, according to Quantum Strategy's David Roche.

Walmart is getting caught in the middle of an escalating trade war between the United States and China. Chinese officials confirmed on Thursday they had met with executives from the US retail giant, following a news report that it had pressured its suppliers in China for discounts to cope with rising tariffs imposed by Donald Trump.