China has imposed additional tariffs on certain US products, exceeding the previously announced rate. The tariffs, effective from March 10, range from 10% to 15% on various goods, including:
- *Agricultural Products:
- Chicken: 15% tariff
- Wheat: 15% tariff
- Corn: 15% tariff
- Cotton: 15% tariff
- *Food and Beverages:
- Sorghum: 10% tariff
- Soybeans: 10% tariff
- Pork: 10% tariff
- Beef: 10% tariff
- Aquatic products: 10% tariff
- Fruits and vegetables: 10% tariff
- Dairy products: 10% tariff
This move is seen as a response to the US imposition of a 10% tariff on Chinese products, effective from March 4. The Chinese government has expressed concerns that the US tariffs undermine the multilateral trading system and increase the burden on American businesses and consumers. The additional tariffs are expected to impact trade relations between the two countries.
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