China will introduce retaliatory duties on goods from the USA, raising tariffs up to 15 percent on agricultural products, which will affect American producers and consumers

China will introduce additional duties on goods from the USA up to 15 percent, including chicken, pork, soybeans, and beef, starting from March 10, in response to the increase in tariffs on Chinese products by the USA. This decision will impact prices for American companies and consumers, raising their costs. In recent years, China has significantly reduced its dependence on American agricultural products, continuing to decrease imports in 2024. Canadian and Mexican authorities have also prepared retaliatory measures, including their own duties.