China has halted new purchases of U.S. soybeans and corn ahead of escalating trade tensions, marking a significant shift in agricultural trade dynamics. This move is part of China's broader retaliation against recent U.S. tariffs, which include a 10% duty on all Chinese imports. In response, China imposed additional tariffs on various U.S. agricultural products, including a 15% levy on corn, wheat, cotton, and chicken, and an extra 10% on soybeans, pork, beef, and dairy.
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