US EditionWhat US exports has China hit with retaliatory tariffs?
- China retaliated against the US by imposing additional duties of 34 percent on all US goods, which follows earlier tariffs of 10 to 15 percent on agricultural trade worth US$21 billion in March.
- Brazil is expected to replace the US as the main supplier of soybeans to China due to a strong harvest, which accelerates a shift toward Brazilian agricultural suppliers that began during the trade war.
- The European Union plans to retaliate as well, and Australia and Argentina are expected to benefit in wheat exports amid the escalating trade conflict.
- Mr. Jack Scoville, vice president of the Chicago-based Price Futures Group, stated that these actions will significantly impact US export business.
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Pacific Daily News+48 Reposted by 48 other sources
US soybeans, energy: Who is hit by China's tariff retaliation?
US agricultural exports, fuels and manufactured goods are set to take a hit from China's blanket retaliation against President Donald Trump's sharp tariffs, with both sets of measures due to take effect next week.
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Total News Sources61
Leaning Left10Leaning Right10Center6Last UpdatedBias Distribution38% Left, 38% Right
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- 38% of the sources lean Left, 38% of the sources lean Right
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C 23%
R 38%
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