WASHINGTON (AP) —Chinese state media reported Wednesday that some Chinese toy exporters have been notified by Walmart and Target to resume partial shipments and that the U.S. businesses have agreed to shoulder the extra tariff costs.
The report came after Beijing in March summoned Walmart executives for allegedly pressuring Chinese suppliers to absorb tariff costs. One Chinese exporter named Cheng Zhengren told Beijing News he expects to make a shipment in a week or so.
“Without us, what do they have to sell?” the Chinese exporter told the newspaper. “Their shelves would be empty.”