In response to the new U.S. tariffs, China has announced additional tariffs of up to 15% on key American farm products, such as chicken, pork, soy, and beef, as well as expanded controls on transactions with major U.S. companies. These tariffs, revealed by the Commerce Ministry, are set to be enforced starting March 10, with goods already in transit exempt until April 12. The decision follows U.S. President Donald Trump’s directive to raise tariffs on Chinese imports across the board to 20%. During his first term, Trump had already imposed tariffs ranging from 10% to 25% on various Chinese goods, and the latest tariffs took effect on Tuesday, along with 25% tariffs on imports from Canada and Mexico.

China, a significant importer of American agricultural goods, experienced a decline in purchases due to the trade tensions initiated by Trump. The new tariffs will impact U.S. exports of chicken, wheat, corn, cotton, sorghum, soybeans, pork, beef, seafood, fruits, vegetables, and dairy products. While the U.S. tariffs coincided with the start of China’s parliamentary session, the Chinese government maintained restraint by not imposing higher tariffs across all sectors. This move signifies both countries’ willingness to negotiate, despite the current strained relations.

Additionally, China suspended the import of U.S. lumber due to the detection of forest pests in imported logs. The country also revoked the soybean import qualifications of three U.S. companies following the discovery of fungi and seed-coating agents in exported soybeans. Furthermore, an anti-circumvention investigation into U.S. fiber optic products was initiated by the Commerce Ministry, alongside the listing of 10 additional U.S. entities as unreliable, restricting their trade activities with China.

The escalating trade tensions between China and the U.S. have significant implications for global commerce and diplomatic relations. The outcome of this trade dispute will heavily rely on the approach taken by both nations in future negotiations. China’s readiness to retaliate and the U.S.’s strategic decisions will shape the trajectory of this economic conflict.