h digitalfootprint web 728x90

China raises tariffs on U.S. pork, fruit


USA Today: China raised import duties on a $3 billion list of U.S. pork, apples and other products today, the Associated Press reported, in an escalating dispute with Washington over trade and industrial policy. The government of President Xi Jinping said it was responding to a U.S. tariff hike on steel and aluminum. But that is just one facet of sprawling tensions with Washington, Europe and Japan over a state-led economic model they complain hampers market access, protects Chinese companies and subsidizes exports in violation of Beijing’s free-trade commitments. Iowa agricultural interests expressed concerns in a Business Record story when China proposed the reciprocal tariffs a couple of weeks ago. 

Facebook Notice for EU! You need to login to view and post FB Comments!

raymondjames brd 020623 300x250