China likely to impose import duty on many agricultural products of America

05-Mar-2025 04:02 PM

China's decision to impose retaliatory tariffs on U.S. agricultural products is a direct response to the United States doubling the import duty on Chinese goods. Starting March 10, 2025, China will implement additional import duties ranging from 10% to 15% on a range of American agricultural and food products.

This includes key items such as wheat, maize, cotton, and chicken, which will face a 15% tariff, while other goods like soybeans, sorghum, fruits, vegetables, and dairy products will see a 10% increase in import duties.

In addition to these tariffs, China is taking steps against U.S. companies by including 10 of them on its list of "untrusted firms." These companies will be banned from participating in import-export activities with China and will also be prohibited from making new investments in the country.

Moreover, the Chinese government has revoked the entry permits of top officials from these companies and rescinded their work permits. Additionally, 15 other U.S.

companies, particularly in the aerospace and defense sectors, have been added to China's export control list.

These moves reflect escalating tensions between the two countries, and the Chinese government may take further steps during the ongoing annual session of the Chinese Parliament, where representatives are expected to deliberate on how to counter the U.S. policy effectively.