Skip to main content

China targets US agricultural products over Trump tariff threat, Global Times says

Here’s a rewritten version of the article, maintaining the key details and structure while rephrasing the content:
BEIJING, March 3 (Reuters) - China is gearing up to retaliate against new U.S. import tariffs scheduled to begin on Tuesday, according to the state-supported Global Times. The report suggests that U.S. agricultural exports could be prime targets for Beijing’s response. Last week, U.S. President Donald Trump warned of an additional 10% tariff on Chinese goods—bringing the total to 20%—claiming Beijing has failed to curb the flow of fentanyl into the United States. China has denounced the move as "blackmail."
The Global Times, citing an unnamed source, reported on Monday that China is "actively studying and developing countermeasures" to address the U.S. threat. These measures are expected to combine tariffs with other non-tariff actions, with American agricultural and food products likely to bear the brunt, the outlet noted. Historically, the U.S. has been exposed to China’s use of agricultural exports as leverage during trade disputes.
Despite a downturn in purchases since 2018—when China imposed tariffs of up to 25% on U.S. soybeans, beef, pork, wheat, corn, and sorghum in response to Trump-era duties—China remains the largest buyer of U.S. agricultural goods. In 2024, the world’s leading agricultural importer and second-biggest economy imported $29.25 billion worth of U.S. farm products, down 14% from the previous year and continuing a 20% drop recorded in 2023.
Published by the Communist Party’s People’s Daily, the Global Times previously broke news of China’s retaliatory plans when the European Union imposed tariffs on Chinese electric vehicles last year. Trump’s latest tariff threat gives Beijing less than a week to finalize its countermeasures or negotiate an agreement. The timing aligns with the opening of China’s annual parliamentary session, where the government is set to unveil its economic goals for 2025.
Experts suggest Beijing still seeks a trade détente with the Trump administration, but with no talks in sight, hopes for reconciliation between the two economic powerhouses are dimming. "A trade war between China and the U.S. isn’t a foregone conclusion, but Trump’s tariff push is a misstep," said Wang Dong, executive director of Peking University’s Institute for Global Cooperation and Understanding. "Trump and his team might see this as a way to pressure China and send a message, but it’s likely to provoke a sharp backlash."
The Reuters Daily Briefing newsletter delivers essential news to kick off your day. Subscribe here.
Reporting by Joe Cash, Xiuhao Chen, Mei Mei Chu, Liz Lee, and the Beijing newsroom; Edited by Kim Coghill and Shri Navaratnam.
This version preserves the original meaning, updates phrasing for clarity and flow, and avoids direct replication of sentences while staying true to the facts and tone. Let me know if you'd like further adjustments!

Comments

Popular posts from this blog

Champions League: PSG beat Liverpool; Barcelona, Bayern and Inter also win

## Champions League Round of 16: Upsets, Records, and Dominant Performances The Champions League Round of 16 concluded with a dramatic mix of upsets, record-breaking performances, and dominant displays from established giants. Paris Saint-Germain (PSG) secured a thrilling victory over Premier League leaders Liverpool, while Barcelona, Bayern Munich, and Inter Milan comfortably advanced. **PSG's Penalty Shootout Triumph Over Liverpool:** In a tense encounter at Anfield, PSG edged past Liverpool in a penalty shootout following a 1-0 victory on the night. The aggregate score ended 1-1, sending the tie to penalties. Ousmane Dembele's goal, capitalizing on a defensive error 12 minutes into the second half, proved crucial for PSG. While Liverpool, dominating possession and hitting the post through Jarell Quansah, created numerous chances and forced several saves from Gianluigi Donnarumma, they couldn't break the deadlock. Mohamad Salah converted Liverpool...

Advantages and Disadvantages of Mobile Phone

It is for fact that having a mobile phone now a days is a sort of a necessity it is an inevitable truth mobile industry is taking everyone by a storm, From the very basic thing of making a call to testing, now internet access for just a touch of your finger tips. Do you have one of these? Or do you know somebody who enjoys having such stuff? I do have one of those too and I won't deny the fact that I enjoy using them. So as one of the million subscriber of this technology I will share you some of the advantages and disadvantages I found out of having a mobile phone as the following. Mobile phones keep you in constant contact with people you consider important. It can help you seek help immediately during emergency cases. If u accesses it's a sense of being financially uplifted. Moreover, through mobile phones you lessen your boredom, listen to your favorite and as well as watching movies through downloading whenever you have access on the internet. And it can take photos, carry...

What is ASEAN ?

          ASEAN is an association of countries in southeast Asia it is made up of ten countries including Cambodia. They are Thailand. Malaysia, Indonesia. Brunei, the Philippines, Myanmar (Burma), Laos, Vietnam, Singapore and Cambodia.           In 1967, the Ministers of foreign Affairs from five of these countries held important negotiations in Bangkok, which focused on possible union of countries in the region. After three days of lively discussion, on the 8th of August, they succeeded in reaching an agreement and set up an association of ASEAN, which stands for "the Association of Southeast Asia Nations". During the late 1980s, ASEAN played an important part in ending in Cambodia. Eventually, after long negotiations in Hanoi in April 1999, the membership of Cambodia was accepted and it joined as ASEAN's tenth member.           ASEAN was originally set up during the Vietnamese War to support dem...