{"id":3904,"date":"2025-03-10T20:42:11","date_gmt":"2025-03-11T00:42:11","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/03\/10\/chinas-tariffs-on-u-s-agricultural-products-take-effect\/"},"modified":"2025-03-10T20:42:11","modified_gmt":"2025-03-11T00:42:11","slug":"chinas-tariffs-on-u-s-agricultural-products-take-effect","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/03\/10\/chinas-tariffs-on-u-s-agricultural-products-take-effect\/","title":{"rendered":"China\u2019s Tariffs on U.S. Agricultural Products Take Effect"},"content":{"rendered":"
\n
\n

Beijing began imposing tariffs on Monday on many farm products from the United States, for which China is the largest overseas market. It is the latest escalation of a trade fight between the world\u2019s two largest economies.<\/p>\n

The Chinese government announced the tariffs last week, shortly after President Trump raised tariffs on Chinese products for the second time since he took office in January. The Chinese tariffs will include a levy of 15 percent on U.S. products like chicken, wheat and corn, as well as 10 percent on products like soybeans, pork, beef and fruit.<\/p>\n

Beijing said that goods that had already been shipped before Monday and imported by April 12 would not be subject to the new tariffs. Because crops like soybeans, wheat and corn, in particular, tend to travel by sea, this means that China\u2019s customs officials will actually collect few tariffs until shipments arrive in China after leaving the United States on Monday or later.<\/p>\n

A spokesman for the National People\u2019s Congress, which is now holding China\u2019s annual legislative session, said last week that Mr. Trump\u2019s latest tariffs had \u201cdisrupted the security and stability of the global industrial and supply chains.\u201d<\/p>\n<\/div>\n<\/aside>\n<\/div>\n

\n
\n

The Chinese government also said it was blocking 15 U.S. companies from buying Chinese products unless it granted special permission, including a manufacturer of drones that supplies the U.S. military. And it said it was blocking 10 other U.S. companies from doing business in China.<\/p>\n

Mr. Trump has contended that tariffs are needed on imports from China, most of which are manufactured goods, to allow the United States to rebuild its industrial sector and also to generate tax revenue for the federal budget. He imposed a 10 percent tariff on almost all imports from China in early February, and raised the tariff to 20 percent last week. He has said the actions were intended partly to pressure China to reduce the flow of the opioid fentanyl into the United States.<\/p>\n

\n
\n
<\/div>\n