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China retaliates against US with tariffs hitting Midwest farmers

April 2, 2018 by Richard Schulman Leave a Comment

An Iowa pig farm that ships breeding stock to China

Founders Broadsheet trade correspondent L.C. reports: Late Sunday April 1st, China announced that effective immediately it will be imposing tariffs of 25% on eight US exports, including pork, and 15% on one hundred and twenty other US exports, including fruits. This is China’s response to President Trump’s Section 232 (defense-related) steel and aluminum tariffs announced […]

Filed Under: Trade  Tagged: Canada, China, European Union, Japan, Korean-US Trade Agreement (KORUS), National Trade Estimate (NTE), South Korea, WTO

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