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Mar 05, 2025

Trump Raises Taxes On China, China Announces Countermeasures Against The United States

Trump raises taxes on China, China announces countermeasures against the United States

On the 4th, the Tariff Commission of the State Council issued a notice on imposing tariffs on some imported goods originating in the United States. The details are as follows: 1. An additional 15% tariff will be imposed on chicken, wheat, corn, and cotton. 2, Impose a 10% tariff on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, dairy products, etc. Previously, the US government announced an additional 10% tariff on all Chinese goods imported to the US, citing fentanyl as the reason.

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