Summary
China will impose additional tariffs of up to 15% on U.S. farm products like chicken, pork, soy, and beef starting March 10, in response to U.S. tariff hikes.
Goods in transit are exempt until April 12. Beijing also added 10 U.S. firms to its unreliable entity list and restricted 15 others over national security concerns.
Despite tensions, analysts note both sides showed restraint. China remains a major U.S. farm product importer but is trying to diversify sources.
Future negotiations depend on U.S. actions.
Looks like Orange Dum-dum got his trade war.
Valodja got his trade war. All of this is designed to weaken the US in order to compensate for the weakness of Russia.
If it unites the rest of the world as a side effect, I’m fine taking that loss.
Both Russia and the US have an exceptional track record of ruining other countries through proxy wars with each other, only to later come in and take advantage of the destruction they amplified. If neither of them are capable of doing that anymore, everyone else is going to be better off until the day nukes start flying.
At least the pain will be immediately felt by farmers, the biggest trump supporters
Good. The us needs to be brought under control.