China's Ministry of Finance has issued Tax Commission Announcement No. 2 of 2025 on additional tariffs on certain U.S. products. This follows U.S. President Trump's issuance of an Executive Order on 3 March 2025 that increased the ad valorem tariffs on products from China from 10% to 20%. That additional tariffs that will be imposed in China include an additional 15% tariff on chicken, wheat, corn, and cotton, and an additional 10% tariff on sorghum, soybeans, pork, beef, aquatic products, …