China announced on Tuesday that it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy, and beef. These tariffs are set to take effect from March 10, with goods already in transit exempt until April 12. This move comes in response to U.S. President Donald Trump's decision to raise tariffs on Chinese imports to 20% and impose 25% tariffs on imports from Canada and Mexico.
The Commerce Ministry specified that imports of U.S. chicken, wheat, corn, and cotton will face an extra 15% tariff, while sorghum, soybeans, pork, beef, seafood, fruits, vegetables, and dairy products will see a 10% increase in tariffs. Additionally, Beijing added 10 more U.S. firms to its unreliable entity list, restricting their business activities with China.
