China is considering retaliatory measures on US agriculture and food products in response to tariffs from the Trump administration that are scheduled to take effect on Tuesday, according to the Global Times.
Beijing’s response will likely include tariffs and non-tariff measures, Communist Party-backed Global Times reported, citing a person they didn’t identify. China’s soymeal prices surged 1.5% on concerns that escalating trade tensions could disrupt US shipments of soybeans and tighten the market further.
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