China announces retaliatory tariffs on the US next week.

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China has announced additional retaliatory tariffs on the United States. According to the Chinese Foreign Ministry, China will impose new tariffs on US agricultural imports next week.

An additional 15 percent tariff will be imposed on poultry, wheat, corn, and cotton, while an additional 10 percent tariff will be imposed on sorghum, soybeans, beef, and exotic products.

The Chinese Foreign Ministry has said that an additional 10 percent tariff will be imposed on fruits, vegetables, and dairy products.

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