This post was originally published on Arab News
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BEIJING: China’s tariffs on certain US agricultural goods in retaliation for President Donald Trump’s latest hike on Chinese imports came into force Monday, as trade tensions mount between the world’s two leading economies.
Since retaking office in January, Trump has unleashed a barrage of tariffs on major US trading partners, including China, Canada and Mexico, citing their failure to stop illegal immigration and flows of deadly fentanyl.
After imposing a blanket 10 percent tariff on all Chinese goods in early February, Trump hiked the rate to 20 percent last week.