China trade war: Trump to make dispute ‘UNBEARABLY PAINFUL’ warns Steve Bannon

Walmart urges Trump administration to roll back new tariffs on Chinese imports: report

"Right now, President Trump's focus is on stopping it".

"As the largest retailer in the United States and a major buyer of USA manufactured goods, we are very concerned about the impacts these tariffs would have on our business, our customers, our suppliers and the USA economy as a whole", Walmart wrote in its letter to Lighthizer.

"The U.S. retail giant Walmart is reported to have urged the Trump administration to roll back on its new tariffs on Chinese imports".

Several chains asked the White House not to implement the added tariffs on $200 billion in goods.

Donald Trump has threatened to impose even more tariffs on Chinese goods if Beijing dares to impose tit-for-tat measures in response to Washington's latest package of levies targeting some $200 billion of Chinese exports.

Trump's former chief strategist, who left the administration after a tumultuous stint, said trade had always been at the top of Trump's campaign strategy.


A 10 percent tariff will go into effect on Monday and will rise to 25 percent at the end of the year.

China also cancelled trade talks with the USA and abandoned plans to send Vice-Premier Liu He to Washington next week, the Wall Street Journal reported on Friday (Sept 22), without saying where it got the information.

Still, the added tariffs will hit consumers, the chains said. And we will come back with more if they retaliate.

"It's disappointing that, despite the voices of those impacted, the administration continues to advance harmful tariff policies that threaten to weaken the United States economy", Matthew Shay, the National Retail Federation's chief executive, said in a statement on Friday.

On Tuesday, China hit back, saying it would levy tariffs on US$60 billion worth of USA goods effective from Sept 24. "We have far more bullets".

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