China Retaliates with Tariffs on U.S. Food Exports Following Trump Administration's Moves

In a rapid retaliation move early Tuesday, China announced new tariffs on a wide range of U.S. food exports. This step comes as a direct response to the latest round of tariffs imposed by the Trump administration, fueling an ongoing global trade conflict that has stirred concerns across governments and international markets.

As these tensions mount, both Mexico and Canada, also affected by the U.S. tariffs that were implemented just past midnight, have yet to declare any countermeasures.