China announced the imposition of additional tariffs on a wide range of American agricultural products, ranging from 10% to 15%, starting Monday, March 10, in a new escalation within the ongoing trade dispute between Beijing and Washington.

According to a statement from the Chinese Ministry of Commerce, a 15% tariff will be imposed on American chicken, wheat, corn, and cotton products, while a 10% tariff will be imposed on white corn, soybeans, pork and beef, seafood, fruits, vegetables, and dairy products.

These measures come in response to U.S. President Donald Trump’s decision to raise tariffs on all Chinese imports to 20%, which took effect on March 4.

These tariffs are expected to directly affect American farmers, as major agricultural sectors in the United States rely on the Chinese market to export their products. Conversely, China may face challenges in securing sufficient supplies of agricultural products, which could drive it to seek alternative suppliers such as Brazil and Argentina.

These developments have raised global concerns about the potential implications for the global economy, as analysts believe that the ongoing trade escalation between the two largest economies in the world could lead to a slowdown in economic growth and increased instability in financial markets.