Beef Among the Food Products to Be Hit Hardest by Canada, China Tariffs

In early February, the White House imposed a 25% tariff on all Canadian products that is currently is paused until April, and a range of new tariffs on Chinese products. Canada responded with a 25% tariff of its own targeting $21 billion of US products and has said it is planning a second round of tariffs on an additional $87 billion worth of US goods. China has announced a raft of countermeasures including an extra 15% tariff on US wheat, corn, chicken and cotton and an additional 10% on US sorghum, soybeans, beef, pork, dairy, fruits and vegetables. Read more here.