Big retailers ask China for help ahead of tariff announcement
Wall Street Breakfast
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Retailers Pressure Suppliers Amid Tariff Challenges and EV Industry Shifts
This chapter examines how major retailers are pressuring Chinese suppliers to reduce prices due to increased tariffs, along with suppliers seeking alternative manufacturing options. It also highlights a significant acquisition in the electric vehicle sector as a battery manufacturer acquires assets from General Motors, showcasing changes in the EV production landscape.
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