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International Business Times

Business

China-US Trade War Heats Up With Beijing's Tariffs To Take Effect

Donald Trump Beijing United States China Li Qiang

China is set to impose fresh tariffs of 15 percent on US wheat and several other farm products (Credit: AFP)

Trade tensions between the world's two leading economies are set to escalate on Monday, as Beijing begins levying tariffs on certain US agricultural goods in retaliation for President Donald Trump's latest hike on Chinese imports.

Since retaking office in January, Trump has unleashed a barrage of tariffs on major US trading partners, including China, Canada and Mexico, citing their failure to stop illegal immigration and flows of deadly fentanyl.

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