China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

Summary

China is considering tariffs on U.S. agricultural exports in response to Trump’s new trade measures.

These measures include raising tariffs on Chinese imports from 10% to 20% and ending the de minimis exemption for small shipments. Importers rushed to place orders before the increase took effect.

Chinese manufacturing saw a slight rebound, but analysts warn of an economic slowdown.

Meanwhile, China’s leadership continues efforts to boost consumer spending and support private industry amid trade tensions.