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China announced additional tariffs of up to 15% on key U.S. farm products, including chicken, pork, soy, and beef, as well as expanded controls on doing business with U.S. companies. The tariffs will take effect from March 10 and follow U.S. President Donald Trump’s order to raise tariffs on imports of Chinese products to 20%. China also added 10 more U.S. firms to its unreliable entity list and included 15 U.S. companies on its export control list. China is a major importer of American farm products, but has been diversifying its sources for imports.
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