China’s revenge revenue on US -farm goods when the trade war increases
Another frontier of Donald Trump’s trade wars opened this morning, when China’s retaliation on US imports kicked.
In response to an additional tariff on China’s exports by Trump last week, $ 21 billion worth of agricultural imports from the United States were targeted.
Beijing’s move includes widespread items. The Chinese Ministry of Ministry said last week that imports of US -growing chicken, wheat, maize and cotton will face 15 % additional taxes. Prices on gender, soybeans, pork, beef, seafood, fruits, vegetables and milk products will be increased by 10 %.
The move will make US products more expensive and less competitive in the Chinese market, which will rather lead to more imports from other countries.
This is bad news for American farmers, and increases the risks that slow down the US economy … or even fall into the horrific recession.
Key events
Shipping firm Clarkson has warned of growing uncertainty
ClarksonThe world’s largest shipping services provider have warned this morning that trade tensions and geographical political dispute are affecting its sector.
Andy Case, Chief Executive Officer Clarkson, The shareholders told the shareholders that both freight rates and assets have decreased this year, which has yielded financial results in 2025.
The case explains:
For a few years we have now started every new financial period with uncertainty outlook. In 2025, political changes have begun with uncertainty due to political change, ongoing regional disputes, trade tensions, prices and sanctions, inflation and changing monetary policy in the global economies.
As I write this report, the effect of these uncertainty is that the values of freight rates and assets have fallen largely, which means that the value of the spot business to date is less than the same period last year.
I shares Clarkson Initial trade has become more than 17 % tomb.
The company has also recorded a 4 % increase in the basic profit for 2024, and a 4 % increase in income per share.
China’s stock markets have declined today, as the fear of trade war and corruption weighs on the double investors.
CSI 300 The index decreased by 0.4 %, while in Hong Kong Hanging Horn Index slide by 1.8 %.
ipek OzcardeskiaSenior analysts Swiss BankCall it “ugly early week sales in China”, and he added:
The week begins on a sharp negative note for Chinese stock, as the latest inflation latest shows that consumer prices in China fall the most in more than a year….
Overall, it is expected that Chinese taxes on US agricultural will bring more taxes this week, and some Canadian products will begin today, while US Steel and Aluminum tariffs will continue to live on Wednesday.
US China’s trade war has come at a time when the Chinese economy is already struggling with weak inflation.
Consumer prices fell in February, which in February reduced the CPI inflation rate -0.7 percent, which was first read after January 2024.
Says China’s Defrations are “deep” Stephen Anis, On the Managing Partner SPI Asset Administration, Adding:
On Monday, the same old Deflationary Dermerbate began when Chinese consumers’ inflation took more deep than expected, which slipped below zero for the first time in a year. The data only reinforces what is clear from months-the pressure on sabotage in the world’s second largest economy is firmly trapped.
The property sector is stuck in the mud, domestic demand is weak, and despite the bounce in the tech stock, the impact of broader wealth is not just filtering consumers.
China also announced new rates against Canada last weekend, which created an early headache for its next Prime Minister Mark Carney.
Beijing is bringing revenue of more than $ 2.6 billion of Canada’s agricultural and food products, which was introduced by Ottawa last October, in retaliation against levies on electric vehicles and steel and aluminum products developed from China.
The Ministry of Commerce said in a statement.
“Canadian measures seriously violate the rules of the World Trade Organization, have a general process of protectionism, and these are discriminatory measures that seriously harm China’s legitimate rights and interests.”
China will put more than $ 1 billion in Canadian rapid oil, oil cakes and peas imports, and will put 25 % duty on Canadian aquatic products and pork at $ 1.6 billion.
China’s revenge revenue on US -farm goods when the trade war increases
Another frontier of Donald Trump’s trade wars opened this morning, when China’s retaliation on US imports kicked.
In response to an additional tariff on China’s exports by Trump last week, $ 21 billion worth of agricultural imports from the United States were targeted.
Beijing’s move includes widespread items. The Chinese Ministry of Ministry said last week that imports of US -growing chicken, wheat, maize and cotton will face 15 % additional taxes. Prices on gender, soybeans, pork, beef, seafood, fruits, vegetables and milk products will be increased by 10 %.
The move will make US products more expensive and less competitive in the Chinese market, which will rather lead to more imports from other countries.
This is bad news for American farmers, and increases the risks that slow down the US economy … or even fall into the horrific recession.
Introduction: Trump does not reject the recession
Good morning, and welcome to our business, financial markets and rolling coverage of the global economy.
In 1989, the then British government tightened its policy of fighting inflation and attracting the country to recession, “If it is not hurting, it is not working,” it is not working. “
But it can also be a catch of the new US president, which is comfortable with these concerns that he can mobilize American misery.
Donald Trump It has refused to say whether their trade policies mean whether the US economy is facing recession or more inflation, it argued that the “transfer period” is taking place.
Instead, he told the Fox News Show Sunday morning Future:
“I hate to predict such things. The transition is a period, because what we are doing is huge. We are bringing wealth back to America. This is a big thing.
And there are always periods, it takes a while. It takes a while, but I think it should be great for us.
Last week, in the case of his union’s speech, Trump’s line echoes that prices will cause ‘a little trouble’.
Immediately of the latest report of US jobs. Later, Trump was talking to Fox, the unemployment rate was demonstrated in February, but his services were also increased-payrolls increased by 151,000 in February.
Job data calm some nerves about “Trump Rizis”, but economists are worried that slapping prices on major trade partners and reducing the federal government will damage growth.
Kyle Roda, Senior Financial Market Analyst Capital.com, Say:
US President Trump mentioned that he is willing to tolerate weak growth as a “transfer” to the economy, which can further find investors’ feelings.
The data included in the US economy are moderate and its performance is changing with the rest of the world. Responding to the rate market, rapidly disappointing data and negative surprises, indicates that the feed should resume interest rates in July, if not June.
