Talks between the US and China on trade and other issues are stuck at lower levels, people familiar with the matter said, with both sides talking past each other and failing to agree on the best way to proceed.

Beijing has summoned Walmart for reportedly asking Chinese suppliers to swallow the tariff hikes imposed by the Trump administration, marking the latest salvo in the trade spat between the world’s two largest economies.

The world's largest retailer is clashing with China over the company's efforts to reduce the impact of President Trump's increased tariffs. Why it matters: Walmart — whose brand is inextricably linked to low prices — is trying to leverage its monumental size to mitigate its own costs from the billowing international trade war.

The U.S. next week will impose an additional 10% tariff on imports from China over its role in the fentanyl trade, the president said.

China will take all necessary measures to safeguard its rights and interests, the Chinese foreign ministry said on Wednesday, after U.S. President Donald Trump increased tariffs on all U.S. steel and aluminium imports.

Trump previously said he would increase from 25% to 50% tariffs for Canada after Ontario said it would raise electricity prices on U.S.