00:00 Speaker A I am curious if you can talk about what we're hearing from Walmart in terms of their negotiations with their Chinese suppliers to try and keep prices down. Do you think they're well-positioned to be successful in those negotiations? 00:14 Oliver Chen Walmart has a long history of really pioneering everyday low price, EDLP. Um, so they've had dialogues with their suppliers constantly. They also have a program called rollbacks where they offer, uh, the best price possible and constant negotiations and asking a lot of suppliers to stick, uh, to lower prices, which has been essential…