Following Donald Trump’s decision to quadruple the duty on all Chinese imports from 10% to 20%, China’s Foreign Ministry and the Chinese embassy have said that they are “ready to fight till.
The end.” Trump raised the duties on March 4, the same day he introduced 25 percent tariffs on imports from Canada and Mexico, after first enacting the 10 percent duty on China in early February.
Although the president claimed that his tariffs were meant to “combat the extraordinary threat to U.S. national security,
Including our public health posed by unchecked drug trafficking,” China swiftly retaliated this week by imposing duties of 10–15% on a number of US agricultural products.
While the 10 percent tariffs affect items like pig, cattle, marine goods, fruits, vegetables, and dairy products, the 15 percent duties affect popular products like poultry,
Wheat, maize, and cotton imports from the US. Additional actions aimed at the US include halting the import of timber and revoked US export licenses for soybeans.
