Global Times is the outward-facing propaganda organ of the government/party.
From Bloomberg, March 2:
China is considering retaliatory measures on US agriculture and food products in response to tariffs from the Trump administration that are scheduled to take effect on Tuesday, according to the Global Times.
Beijing’s response will likely include tariffs and non-tariff measures, Communist Party-backed Global Times reported, citing a person they didn’t identify. China’s soymeal prices surged 1.5% on concerns that escalating trade tensions could disrupt US shipments of soybeans and tighten the market further.
President Donald Trump has pledged to double the levy on China to 20%, while also hitting Canada and Mexico with tariffs on March 4. The Asian nation is the world’s biggest importer of soybeans, which is typically crushed into cooking oil and animal feed, particularly the country’s large pig herd....
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If they do target agricultural products they had better hope for good weather in Brazil.
