Chinese tariffs on American agricultural products take effect
March 10 (UPI) -- Retaliatory tariffs imposed by China on U.S. farm products took effect Monday.
China’s Tariffs on U.S. Agricultural Products Take Effect
The Chinese government announced the tariffs last week, shortly after President Trump raised tariffs on Chinese products for the second time since he took office in January. The Chinese tariffs will include a levy of 15 percent on U.S. products like chicken, wheat and corn, as well as 10 percent on products like soybeans, pork, beef and fruit.
China’s retaliatory tariffs on agricultural goods will squeeze farmers
Chinese buyers will pay 10% or 15% taxes on imported American goods, including chicken, pork, wheat, corn and fruit — stifling demand.
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China's tariffs against U.S. agricultural products take effect amid a U.S.-China tariff war. President Donald Trump has targeted China with tariffs, blasting the country for involvement with fentanyl pouring into the US.
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