Reported about 11 hours ago
China has implemented tariffs on various American agricultural products as part of its retaliation in the ongoing trade war with the U.S. The tariffs, ranging from 10% to 15%, target items such as grains, proteins, and fresh produce. This strategy underscores China's shift towards self-sufficiency in agriculture, especially as the economy faces challenges and food oversupply. In addition, China has imposed tariffs on Canadian agricultural goods, further indicating a consolidation of food as a strategic tool in trade negotiations.
Source: YAHOO