In a retaliatory move against new U.S. tariffs, China’s Commerce Ministry announced Tuesday that it will impose additional tariffs of up to 15% on key U.S. agricultural products, while also expanding controls on business activities with major U.S. companies.
The new tariffs are set to take effect on March 10, with goods already in transit exempt until April 12.
The extra tariffs target several important farm exports, including chicken, pork, soy, beef, wheat, corn, and cotton. Specifically, U.S.-grown chicken, wheat, corn, and cotton will incur an additional 15% tariff, while tariffs on sorghum, soybeans, pork, beef, seafood, fruit, vegetables, and dairy products will be increased by 10%.
China is a major importer of American farm products, and its measures come as a response to U.S. President Donald Trump’s recent tariff hikes— which raised duties on Chinese products to 20% and imposed 25% tariffs on imports from Canada and Mexico. Although U.S. agricultural purchases had dipped after the onset of the trade war during Trump’s first term, they later recovered, making this a significant development for U.S. exporters.
The announcement was made just a day before the annual session of China’s parliament, where economic issues including deflation are expected to be key discussion points. The extra tariffs and expanded trade limits underscore the ongoing tit-for-tat escalation between the two nations as each side seeks to protect its domestic industries amid a broader trade dispute.
China on Tuesday suspended soybean import qualifications from three U.S. exporters and halted imports of U.S. lumber, intensifying its retaliatory measures amid escalating trade tensions.
In a retaliatory move against new U.S. tariffs, China’s Commerce Ministry announced Tuesday that it will impose additional tariffs of up to 15% on key U.S. agricultural products, while also expanding controls on business activities with major U.S. companies.
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Over the past two months, tech billionaire Elon Musk has increasingly promoted far-right political causes in Europe, notably lending his support to Germany’s Alternative für Deutschland (AfD).
The U.S. dollar has dropped to a three-month low amid growing concerns over slowing economic growth and the impact of new tariffs.
Japan pledges $7 million to fight hunger and malnutrition in Afghanistan, supporting humanitarian efforts to improve food security and nutrition.
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China on Tuesday suspended soybean import qualifications from three U.S. exporters and halted imports of U.S. lumber, intensifying its retaliatory measures amid escalating trade tensions.
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Google has open sourced SpeciesNet, an artificial intelligence model designed to automatically identify animal species from photos captured by camera traps.
Over the past two months, tech billionaire Elon Musk has increasingly promoted far-right political causes in Europe, notably lending his support to Germany’s Alternative für Deutschland (AfD).
The U.S. dollar has dropped to a three-month low amid growing concerns over slowing economic growth and the impact of new tariffs.
Japan pledges $7 million to fight hunger and malnutrition in Afghanistan, supporting humanitarian efforts to improve food security and nutrition.
U.S. President Donald Trump has paused military aid to Ukraine following his clash with Ukrainian President Volodymyr Zelenskiy last week, prompting a wide range of responses from officials across Ukraine, Russia, Europe, and the United States.
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