Beijing officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices on their goods to offset the impact of the Trump administration's tariffs,

Chinese officials met with Walmart after the world's largest retailer reportedly asked Chinese suppliers to lower their prices by at least 10% to offset the Trump tariffs.

Walmart (NYSE:WMT) executives reportedly met with officials from China’s ministry department to address allegations that the retailer is pressuring its Chinese suppliers to reduce prices to offset import tariffs.