“China responded to the US with new tariffs: what was hitChina has imposed new tariffs of 15% on American chicken, wheat, and other goods. This was in response to the recent increase in
tariffs by the USA on Chinese imports.”, — write: unn.ua
Details
The publication notes that Beijing announced the relevant decision just minutes after the last package of tariffs from US President Donald Trump on Chinese imports came into effect.
15% tariffs will be imposed on chicken, wheat, corn, and cotton
In addition, a 10% tariff will be imposed by China on sorghum, soybeans, pork, beef, beverages, fruits, vegetables, and dairy products from the USA.
Reminder
US President Donald Trump confirmed that on March 4, a 25% tariff on imports from Canada and Mexico will come into effect. Additionally, an extra 10% fee is being imposed on goods from China.