China to Target Trump’s Base In Tariff Response

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The White House plans to announce punitive measures against China on Thursday, including tariffs on at least $30 billion in imports. Those are in addition to the steel and aluminum tariffs taking effect Friday.

In response, China is likely to target U.S. exports of soybeans, sorghum and live hogs, according to the people with knowledge of the matter. The U.S. is among the top suppliers of these products to China, which imports around a third of soybeans that the U.S. produces, data from the two countries show.

Learn More:
https://www.wsj.com/articles/facing-u-s-tariffs-china-plans-countermeasures-1521632332

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