Reported 1 day ago
In response to President Trump's 34% tariffs on Chinese goods, China has announced its own 34% tariffs on U.S. products, along with export controls on certain rare earths and restrictions on about 30 U.S. organizations. China claims the U.S. measures violate international trade rules and has called for consultations at the WTO. The escalating trade tensions are expected to impact agricultural trade and open opportunities for other countries to fill the market void left by U.S. exports.
Source: YAHOO