SHANGHAI/NEW YORK (Reuters) -Beijing officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices on their goods to offset the impact of the Trump administration's tariffs,

Walmart (NYSE:WMT) executives reportedly met with officials from China’s ministry department to address allegations that the retailer is pressuring its Chinese suppliers to reduce prices to offset import tariffs.

The talks have been held with several manufacturers as Walmart prepares to deal with higher costs, according to a report.