China's imposed 15% tariffs on U.S. agricultural products has gone into effect in response to new tariffs from the Trump administration.
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00:00China's imposed 15 percent tariffs on U.S. agricultural products has gone into effect,
00:06in response to new tariffs from the Trump administration.
00:09The move is expected to hit Midwest farmers hard, as China is a key export market for
00:15these goods.
00:16Analysts warn that the retaliatory measures could escalate trade tensions and weaken the
00:21U.S. economy.
00:22The Trump administration argues that the tariffs are necessary to counter China's unfair trade
00:28practices.