- Title: FILE: China to impose tariffs of 10%-15% on various US products
- Date: 4th March 2025
- Summary: UNKNOWN LOCATION, UNITED STATES (FILE - OCTOBER 5, 2023) (REUTERS) (MUTE) CHICKENS IN PEN VARIOUS OF CHICKEN AND OTHER MEAT IN U.S. GROCERY STORE OTTUMWA, IOWA UNITED STATES (FILE - MAY 22, 2019) (REUTERS) CORN BEING TRANSFERRED TO TRUCK IOWA SOYBEAN FARMER DON SWANSON CLIMBING TRUCK AS CORN FROM A STORAGE SILO IS TRANSFERRED TO A TRUCK TO BE SHIPPED TO MEXICO FOR CATTLE F
- Embargoed:
- Keywords: China Donald Trump US import tariffs trade
- Location: VARIOUS
- City: VARIOUS
- Country: US
- Topics: North America,Government/Politics,International Trade
- Reuters ID: LVA001602204032025RP1
- Aspect Ratio: 16:9
- Story Text: China on Tuesday (March 4) swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, moving the world's top two economies a step closer toward an all-out trade war.
Beijing also placed twenty five U.S. firms under export and investment restrictions on national security grounds, but refrained from punishing any household names, as it did when it retaliated against the Trump administration's February 4 tariffs.
Ten of these 25 U.S. firms were targeted by China for selling arms to Taiwan, which China claims as its own territory.
China's latest retaliatory tariffs came as the extra 10% duty U.S. President Donald Trump threatened China with last week entered into force at 0501 GMT on March 4, resulting in a cumulative 20% tariff in response to what the White House considers Chinese inaction over drug flows.
(Production: Livi Empson) - Copyright Holder: FILE REUTERS (CAN SELL)
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