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China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10

  • China has announced additional tariffs of up to 15% on some U.S. Agricultural products and food items effective March 10.
  • This retaliatory measure escalates tensions between the U.S. And China, increasing the risk of a trade war.
  • China's State Council Tariff Commission stated that the U.S.'s unilateral tariff increase harms the trading system.
  • Xu Botao from the GoGlobal Institute noted that the duties will 'hurt' U.S.-China trade relations.
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YUAN TALKS broke the news in on Sunday, March 2, 2025.
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