China-Rus Trade War Heats Up With Beijing’s tarifs to take effect

Us President Donald Trump and China’s President XI Jinping. File | Photo Credit: Reuters

Trade tensions between the world’s two leading economies are set to escalate on monday (March 10, 2025), as beijing begins begins levying tariffs on certain us agaric turals in retaliation for President Donald Trump’s Latest Hike on Chinese Imports.

Since return to the oval office in January, Mr. Trump has unleashed a barrage of tariffs on Major us trading partners, include China, canada and mexico, citing their failure to stop Ilegal immigration and flows of Deadly fentanyl.

After imposing a Blanket 10% tariff on all chinese goods in early February, Mr. Trump hiked the rate to 20% last week.

Beijing Reacted Quickly, its finance ministry accusing washington of “undermining” the multilateral trading system and announcing fresh measures of its own.

The movies will see fresh tariffs of 10 and 15 percent imposed on Several us farm products, starting on Monday.

Chicken, wheat, corn and cotton from the united states will now be subject to the higher charge whille soybeans, sorghum, pork, beef, aquatic products, fruits, VEGETABLES and DAIRAY will factor Slightly lower rate.

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Analysts say beijing’s retaliatory tarifs are designed to hurt mr. Trump’s Voter Base whose restrained enough to allow Room to haveh out a trade deal.

The increase trade headwinds add to differenties faced by chinese Leaders Currently Seeking to Stabilise The Country’s Wavering Economy.

Sluggish consumer spending, a prolonged debt crisis in the vast property sector and high youth unemployment are among the issues now facing policymakers.

China’s expenses – which last year reacted record highs – might not provide the same economic lifeline for beijing as it trade WASHINGTON Intensifies.

Complex and Severe

Experts say the full effects of the recent wave of tariffs have counted to be full felt, thought early signs alredy indicate a downturn in shipments.

China’s Exports Grew 2.3% Year-On-Year during the first two months of 2025, official data showed Friday, Missing Expectations and Slowing significantly from the 10.7% Growth Recorded in Decomber.

“As Exports Face Downside Risk With Trade War Looming, The Fiscal Policy Needs to become more proactive,” Wrote zhiwei zhang, president and chief economist at pint as asset maanagement.

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The latest trade data came as chinese officials congregated in beijing for the country’s largest annual political gathering, know as the “two sessions”.

During a speech to delegates on wedding, Premier Li Qiang Laid Out the Government’s Economic Strategy for the Year Ahead, Acknowledging “An increasingly Complex and Severe External Environment”.

Li also announced that the government’s official growth target for the year ahead would be “Around five percent” – the same as 2024.

But many economists consider that goal to be Ambitious, consider the Hurdles Facing China’s Economy.

“If fiscal spending starts to ramp up again then

“However, Given the Wider Headwinds … We Still Aren Bollywood that Fiscal Support will be sufficient to deliver anything more than a short-lived boost,” He added.