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The new Chinese tariffs take effect on March 10. They include a 15% tariff on chicken, wheat, corn and cotton. The U.S. tariff adds to a previous 10% tariff that Trump imposed on Chinese goods.
The new Chinese tariffs, which take effect on March 10, include a 15% tariff on chicken, wheat, corn and cotton and a 10% tariff on sorghum, soybeans, pork, beef, fruits, vegetables and dairy and aquatic products.
“The unilateral tariff increase by the U.S. harms the multilateral trade system, increases the burden on American businesses and consumers, and undermines the foundation of China-U.S. economic and trade cooperation,” China’s Customs Tariff Commission said in a statement.
The U.S. tariff adds to a previous 10% tariff that Trump imposed on Chinese goods starting Feb. 4. China also responded immediately to that tariff with its own targeted levies of 10% to 15% on U.S. products including coal, liquefied natural gas, crude oil, agricultural machinery and large-engine cars.