China Tariffs Target US Farm Belt: Stocks and ETFs in Focus

Finally, the dragon is ready to take on the eagle in the raging import tariff issue. Though the Asian country initially announced $3 billion worth of retaliatory tariffs on U.S. imports, it matched the tariff value (more than $50 billion) this week with the United States and declared that it will levy tariffs on more than 100 American products.

The move came after the United States proposed $50 billion tariffs on 1,300 Chinese products (read: 8 Must-Watch ETFs if Trump Slams Tariffs on China by Friday).