Reported about 7 hours ago
In response to recent U.S. tariffs, China has announced an increase of 10%-15% on tariffs for various American agricultural goods and imposed restrictions on 25 U.S. companies. This move aims to strengthen negotiations with the U.S. amid ongoing trade tensions, while also pushing China to seek alternative sources for crops like corn and soybeans. Although the new tariffs are less severe than previous measures, they could create additional pressure on U.S. farmers and impact global agricultural markets.
Source: YAHOO