China Fights Back: Imposes Tariffs on US Goods in Trade War Escalation
2025-03-04
Sydney Morning Herald
In a bold move, China has retaliated against the US with tariffs on American agricultural products, including chicken, corn, soybeans, and dairy, in response to President Trump's latest trade policies. The additional duties of 10 to 15 per cent are expected to impact US farmers and the global trade market. This escalation of the trade war has sparked concerns about the future of international trade relations. With the US-China trade war intensifying, experts predict a significant impact on global economy and trade policies. Key terms: trade war, tariffs, US-China relations