Friday, April 19, 2024

U.S. – China trade dispute continues to escalate

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By Barbara Olejnik

Poultry Times staff

bolejnik@poultrytimes.com

GAINESVILLE, Ga. — The U.S. and China continue to engage in a tit-for-tat retaliatory imposition of trade tariffs on imported goods from each country.

In the latest move on the trade battle between the two countries, President Donald Trump, on July 6, added 25 percent duties on $34 billion worth of Chinese goods with a promise to bring that up to $50 billion.

This prompted China to retaliate with previously threatened penalties on an equal amount of U.S. exports, including pork, beef, soybeans and automobiles.

President Trump has. . .

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