Category Archives: International

China Announces Tariff Reductions — SupplyChainDive.com

China has announced that it will cut tariffs on the importation of U.S. goods: “China will cut tariffs in half on $75 billion worth of imports from the U.S., according to a translation of a statement from China’s Ministry of Finance. The changes will take effect Feb. 14.” P.S. Tariffs could increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and keep costs down as much as possible — whether their production is...

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JD Logistics Delivers Needed Supplies in China — SupplyChainDive.com

Walmart partner JD Logistics is actively working to deliver necessary supplies in Chinese provinces that are affected by the coronavirus: “JD Logistics is deploying delivery staff, autonomous shuttles and drones to deliver medical and commercial cargo throughout coronavirus quarantine zones in Wuhan and Hubei Province in China, the company said Thursday.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our...

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Walmart’s Response to Coronavirus — Walmart.com

Walmart’s Judith McKenna, Chief Executive Officer – Walmart International, issued a memo to all Walmart associates describing the company’s actions regarding coronavirus: “As I write this note, I can’t help but take pride in the way our teams come together to support their communities. We may still be in the early stages, but I want you to know that we will be there for our associates and customers every step of the way. Service is core to who we are,...

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Walmart’s Mexican Expansion — Reuters.com

In 2019, Walmart Mexico opened 134 stores throughout the country: “Walmart now runs 3,407 stores in Mexico, where it has more locations than in any other country outside the United States, its Mexican unit, Walmart de Mexico (WALMEX.MX), said in a monthly report.” P.S. Walmart’s Mexico expansion is consistent with the rest of its international goals and efforts Are you interested in selling your products in Mexico? Our experts can help. Contact us today to schedule an appointment.

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Walmart Supports U.S.-Mexico-Canada Trade Agreement — Walmart.com

Walmart backs a North American trade agreement currently proposed in congress: “Walmart supports the U.S.-Mexico-Canada Agreement and urges swift congressional passage of the agreement. North America is core to Walmart’s operations as a global company with more than 2,800 Walmart retail units in Mexico and Canada, supporting nearly 430,000 jobs, in addition to more than 5,000 U.S. stores and clubs and 1.5 million U.S. jobs. Walmart and our customers will benefit from the free flow of goods and services under...

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December 15th China Tariffs Canceled — SupplyChainDive.com

China and the U.S. are working on a trade deal, resulting in the cancellation of tariffs that were to implemented on December 15th: “U.S. tariffs on Chinese goods slated to take effect Dec. 15, known as list 4B, will not take effect, Donald Trump tweeted Friday morning, as the U.S. and China agreed to phase one of a trade deal. The Office of the U.S. Trade Representative (USTR) confirmed the deal in a press release shortly after.” P.S. Tariffs could...

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Walmart’s Flipkart Invests in Ninjacart — QZ.com

Walmart and Flipkart have made a joint investment in Ninjacart, a B2B produce company: “Yesterday (Dec. 11), India’s largest homegrown online retailer and its American parent, Walmart, made a joint investment in the Bengaluru-based B2B fresh produce supply chain company Ninjacart. ‘This (Ninjacart) acquisition is aligned with Flipkart’s strategy of being a one-stop shop,’ Yugal Joshi, vice-president at Texas-based consultancy Everest Group told Quartz. ‘It seems they do get inspired by Amazon, which has also entered the fresh produce market.’”...

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Walmart Supports Small Suppliers in India — Walmart.com

Walmart is working with small business owners in India to ensure their success as suppliers: “Suppliers who have the desire and potential to grow will get the tools they need through Walmart Vriddhi. Over the next five years, MSMEs will receive in-person training, a feature unique to this program, as well as expert advice, access to Walmart’s deep global experience and a network of peers and mentors in their local communities.” P.S. Walmart continues to pursue overseas opportunities and is...

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Cloud Over U.S. – China Trade Discussions — USA Today

Hopes are dimming for trade talks between the United States and China: “Yet the 13th round of U.S.-China trade negotiations, set to begin Thursday in Washington, is unlikely to prove any more successful than the previous 12 in resolving tensions that have rattled markets, threatened global growth and paralyzed business investment in the United States.” P.S. Tariffs could increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and keep costs down as much...

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New Tariffs on Food & Beverage from E.U. — SupplyChainDive.com

New tariffs on E.U. goods may affect the prices of delights such as olives, butter, and cheese: “The final product list from the Office of the U.S. Trade Representative includes single-malt whiskey, olives, butter, cheese and olive oil. Most of the tariffs will be on products from France, Germany, Spain and the United Kingdom, the USTR said in a release.” P.S. Tariffs could increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and...

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