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Reading: China slaps further tariffs of as much as 15% on imports of main U.S. farm exports
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China slaps further tariffs of as much as 15% on imports of main U.S. farm exports
The Tycoon Herald > World > China slaps further tariffs of as much as 15% on imports of main U.S. farm exports
World

China slaps further tariffs of as much as 15% on imports of main U.S. farm exports

Tycoon Herald
By Tycoon Herald 3 Min Read
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China slaps further tariffs of as much as 15% on imports of main U.S. farm exports

A girl walks by the Chinese language and U.S. nationwide flags on show outdoors a memento store in Beijing on Jan. 31, 2025.

Andy Wong/AP


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Andy Wong/AP

BEIJING — China introduced Tuesday it should impose extra tariffs of as much as 15% on imports of key U.S. farm merchandise, together with hen, pork, soy and beef.

President Trump speaks in the Roosevelt Room of the White House on March 3, 2025 after announcing that Taiwan Semiconductor Manufacturing Company plans to invest $100 billion in new manufacturing facilities in the United States.

The tariffs introduced by the Commerce Ministry are as a consequence of take impact from March 10. They observe U.S. President Donald Trump’s order to lift tariffs on imports of Chinese language merchandise to twenty% throughout the board. These took impact on Tuesday.

Imports of U.S. grown hen, wheat, corn and cotton will face an additional 15% tariff, it mentioned. The tariff on sorghum, soybeans, pork, beef, seafoods, fruit, greens and dairy merchandise shall be elevated by 10%.

Additionally Tuesday, Beijing positioned 10 extra U.S. companies on its unreliable entity listing, which might bar them from partaking in China-related import or export actions and from making new investments within the nation.

The companies embody protection corporations similar to Lockheed Martin Missiles and Hearth Management, Lockheed Martin Aeronautics and Lockheed Martin Missile System Integration Lab.

Senior executives of those corporations may also be banned from coming into China and work permits, and Chinese language customer and residency permissions additionally shall be revoked, the Commerce Ministry mentioned.

The businesses had been positioned on the listing for promoting arms to or cooperating on navy applied sciences with Taiwan lately, the ministry mentioned. China claims the self-governed island as its personal territory.

President Donald Trump shakes hands with China's President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, June 29, 2019.

The addition of the ten corporations comes after China final month added two companies, vogue firm PVH Group and biotechnology firm Illumina, to the unreliable entities listing.

Individually, China added 15 U.S. corporations to its export management listing, together with aerospace and protection corporations like Basic Dynamics Land Programs and Basic Atomics Aeronautical Programs, amongst others.

“China has decided to include 15 U.S. entities that endanger China’s national security and interests in the export control list, prohibiting the export of dual-use items to them,” the ministry mentioned in a press release.

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