The Trump administration is set to exert pressure on India to grant online retailers like Amazon $AMZN and Walmart $WMT full access to its burgeoning $125 billion e-commerce market. According to the Financial Times, this push has been confirmed by industry executives, lobbyists, and U.S. government officials. This initiative forms part of broader trade negotiations between the U.S. and India, with intentions to level the playing field for e-commerce on various fronts.
American retail giant Walmart is ramping up pressure on its Chinese suppliers, demanding price cuts in reaction to tariffs imposed during the administration of former President Donald Trump. According to Bloomberg News, suppliers are expected to reduce prices by 10% with each tariff increase—a mandate that many Chinese manufacturers find challenging to meet. This development further intensifies the trade tensions that have long characterized the economic relationship between the United States and China.