Summary

China is preparing countermeasures against new U.S. tariffs set to take effect Tuesday, with American agricultural exports likely to be targeted, according to state media.

Trump’s proposed 10% tariff increase, citing China’s alleged failure to curb fentanyl exports, has been called “blackmail” by Beijing.

China, historically retaliatory in trade disputes, may impose tariffs and non-tariff measures on U.S. farm products.

No negotiation talks are scheduled, raising concerns of escalating trade tensions between the world’s two largest economies.