WASHINGTON: Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers.
With less than three weeks to go before talks between Chinese and U.S. leaders, expectations for progress toward ending the trade war are low. Sources have told Reuters there has been little preparation for a meeting even as the health of the world economy is at stake. With less than three weeks to go before proposed talks between the Chinese and U.S. leaders, expectations for progress toward ending the trade war are low. Sources have told Reuters there has been little preparation for a meeting even as the health of the world economy is at stake.Walmart, the largest U.S. private sector employer and the world's largest retailer, has said tariffs will increase prices for U.S. consumers.