New tariffs go into effect

New tariffs go into effect

As expected, the United States and China imposed new tariffs on each other’s goods today, ratcheting up the trade war between the two countries.

The U.S. imposed ten percent tariffs on 200 billion dollars worth of Chinese goods, which was immediately met with 60 billion in tariffs on U.S. goods by China. U.S. exports like salted beef, pig casings, frozen peas and canned spinach will now face five or ten percent duties. Virtually every U.S.

Continue reading New tariffs go into effect at Brownfield Ag News.