Last week, Bloomberg reported that Walmart was trying to find a solution to its tariff woes by asking some of its Chinese vendors for significant price cuts of as much as 10% to offset the impact of US levies.

In response to an escalating trade war between the U.S. and China, the Chinese Consul General in San Francisco, Zhang Jianmin, issued a sharp condemnation Wednesday of U.S. President Donald Trump’s new 20% tariffs on all Chinese imports and targeting of China over the fentanyl overdose crisis.