China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs

News Snapshot:

BANGKOK (AP) — Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher U.S. tariffs imposed by President Donald Trump, as a Chinese state media report said that Beijing was considering ways to retaliate. Trump earlier imposed a tariff of 10% on imports from China and that will rise to 20% beginning Tuesday. He also ended the “de minimis” loophole that exempted imports worth less than $800 from tariffs, in a blow to companies whose online sales direct to consumers had soared in recent years. The Global Times, a newspaper of China's ruling Communist Party,...