Supply Lines is a daily newsletter that tracks global trade. . President Donald Trump met with major retailers at the White House, as business executives seek relief from sweeping tariffs that have destabilized global supply chains and rattled US consumers. The Monday meeting included representatives from Walmart Inc., Home Depot Inc. and Target Corp., according to people familiar with the plans. The discussion came amid a 90-day pause in Trump’s higher tariffs on trading partners except China that dozens of foreign leaders and business executives are using to negotiate better terms. Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen. “We had a productive meeting with President Trump and our retail peers to discuss the path forward on trade, and we remain committed to delivering value for American consumers,” a Target spokesman said in an emailed statement. A Walmart spokeswoman also called the meeting productive and a Home Depot spokeswoman said the company looked forward to continuing constructive dialog with the White House. The White House did not immediately respond to a request for comment on the discussion. Disruptions caused in large part by Trump’s tariffs have posed challenges for retailers that are main drivers of the US economy. A selloff in US assets deepened Monday amid tariff anxiety and Trump’s threats against Federal Reserve Chair Jerome Powell. Shares of the companies ticked up after news of the meeting, but Walmart and Home Depot remained down for the day. Target rose less than 1% at the close of trading. American companies have warned that business could slow in the months ahead as the import taxes go into place. While companies have operated with tariffs for several years, the magnitude and fast-changing nature of Trump’s levies have become a unique problem. Trump’s duties on nearly all trading partners and a litany of sectors, including metals, are threatening to increase prices on everything from spirits and apparel to electronics and furniture. Those changes are expected to further hamper consumer demand, as Americans have already been price-sensitive following years of inflation. In addition to the cavalcade of overseas officials seeking lower tariffs, Trump has indicated he would be open to negotiating on rates with corporate leaders. “We’ll also talk to companies. You know, you have to show a certain flexibility. Nobody should be so rigid,” the US president told reporters on April 13. Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs. The decision marked a temporary reprieve for global technology manufacturers, including Apple Inc. and Nvidia Corp., though officials later said the US would craft other specific duties for those products and started the process by launching an investigation into semiconductor imports. Uncertainty around Trump’s tariffs have made it difficult for busin in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. 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Executives from Walmart and Target have a meeting with Trump as concerns regarding tariffs grow.
