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Trade tensions escalate as U S China hit with mutual tariffs
The United States and China escalate a tariff war with 25 percent duties on soybeans and other key goods. China cuts purchases of U S soybeans and redirects shipments to Bangladesh and Pakistan while U S farmers face falling prices and disrupted exports. Washington and Beijing warn of prolonged conflict with global spillovers.
MENTIONED IN THIS ARTICLE
U.S
China
U.S. Department of Agriculture
Bangladesh
Pakistan
Pegasus
Jiang Boheng
Luzheng Futures Co
United States
Trump
Beijing
America
Canada
European Union
Xi Jinping
David Loevinger
TCW Emerging Markets Group
Los Angeles
Treasury Department
China Affairs
Kenneth Jarrett
American Chamber of Commerce
Shanghai
Brazil
Argentina
Minneapolis Grain Exchange
Paranagua
Chicago
China National Grain and Oils Information Center
Ken Golden
Deere
Iowa Soybean Association
Donald Trump
Mexico
Dave Walton
Walton
Ernie Goss
Creighton University
Omaha