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Walmart Said To Cover Tariffs, Having Instructed CN Suppliers to Resume Shipments
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Walmart (WMT.US) has allowed its Chinese suppliers to resume shipments after a nearly one-month suspension, with Walmart partially bearing tariff costs, Caixin.com reported. Some suppliers disclosed that they will share tariff costs with Walmart depending on the situation. Under the Free on Board (FOB) model, Walmart, as the importer, covers the tariff costs. In the Delivered Duty Paid (DDP) model, suppliers, as the importers, bear the tariff costs. AAStocks Financial News |
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