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China hits U.S. farm goods just as Trump's latest tariff kicks in

Published 1 week ago1 minute read

Trade war

Retaliation expands to meats, grains and more American companies

20250304 China US tax, farm

China has once again retaliated against U.S. President Donald Trump's tariff actions, this time targeting American agricultural exports. (Nikkei montage/Source photo by Reuters)

March 4, 2025 15:00 JST

Updated on March 4, 2025 20:08 JST

HONG KONG -- China retaliated against the latest U.S. trade war salvo on Tuesday with new levies on a wide range of agricultural products including meats and grains, underscoring Beijing's desire to show resolve and revive confidence as leaders gather for their biggest annual political event this week.

China announced 15% tariffs on chicken, wheat, corn and cotton, as well as 10% duties on soybeans, sorghum, pork, beef and dairy products among other agricultural produce, starting next Monday, according to a statement published by the Ministry of Finance.

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Nikkei Asia
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