Trade tensions between the United States and China are flaring up again.
This time, China is hitting back with new tariffs on American agricultural products.
Starting March 10, the Chinese government will impose extra duties of 10% to 15% on a wide range of U.S. farm goods, reports Ukrinform.
The move comes as part of an ongoing trade dispute that has been dragging on for years.
China’s Ministry of Finance and Ministry of Commerce announced the new tariffs. A 15% duty will apply to products like chicken, wheat, corn, and cotton.
In total, about 30 different agricultural goods will be affected. Another set of goods, including sorghum, soybeans, pork, beef, fish, fruits, vegetables, and dairy, will face an extra 10% tariff. The full list includes over 700 items.
Beijing is not just raising tariffs. The Ministry of Commerce also issued a strong statement against Washington’s actions.
Chinese officials argue that U.S. tariff measures violate World Trade Organization rules. They claim the new U.S. policies harm economic and trade relations between the two countries.
China says it is prepared to defend its interests and use WTO mechanisms to challenge the U.S. tariffs.
According to the statement, China will take steps to protect its rights and maintain fair trade.
Officials insist that they will uphold international economic rules and resist what they see as unfair trade restrictions from the U.S.
This latest move is a direct response to a decision made by the U.S. government. Recently, the U.S. President signed an order increasing tariffs on Chinese imports from 10% to 20%.
In retaliation, China has taken countermeasures not just on agricultural imports but also against certain American businesses.
As part of its response, the Chinese government has imposed restrictions on 26 U.S. companies.
Many of these companies have ties to the Pentagon and work in the defense sector.
The trade war between the world’s two largest economies has been ongoing for years. Both sides continue to impose tariffs and restrictions, making it harder for businesses and farmers to operate.
As tensions rise, the global economy remains uncertain, and industries on both sides brace for further impacts.
