The US implemented tariffs on $34 billion in Chinese goods just after midnight. China retaliated immediately by placing tariffs on US goods.
China’s Commerce Ministry says the US has started the biggest trade war in economic history and that it will jeopardize the global market.
President Trump has threatened to impose additional tariffs on up to $500 billion in products if China continues to retaliate.
The director of communications with the National Pork Producers Council says the tariffs will add to the financial pain farmers are already facing.