Walmart Asks Cosmetic Suppliers to Consider Sourcing Away from China

Walmart (WMT) has asked its cosmetics suppliers to consider sourcing their goods in countries outside of China, a sign the company is trying to dilute the impact of U.S.’ looming tariffs on Chinese goods, according to Bloomberg. A “large amount” of items in the cosmetics category fall under the most-recent proposed levies on Chinese goods, according to an Aug. 7 […]