China’s Retaliatory Tariffs on USA Imports Take Effect

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China’s tariffs on imports from the USA took effect: 15% on products such as corn, wheat and chicken; 10% on fruit, soybeans, beef and pork. Further tariffs will be imposed on coal, natural gas and farm equipment.

China also announced 15 USA companies are blocked from buying Chinese goods unless they get special permission and 10 additional USA companies are completely barred from doing business in China.

These measures are in retaliation against Donald Trump’s imposition of tariffs on Chinese goods imported into the USA.

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