The China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products (CFNA) has taken a bold stand against new U.S. tariffs, calling them 'reciprocal tariffs' driven by trade protectionism
. The chamber issued a fiery statement Saturday, declaring 'resolute opposition' to the measures and vowing support for China's countermeasures to protect national interests.
Why it matters: This latest clash adds fuel to ongoing US-China trade tensions, impacting global food and agricultural markets. CFNA – representing thousands of Chinese businesses – argues such tariffs harm fair trade and enterprise rights. The chamber's full-throated backing of Beijing's policies signals tighter industry-government alignment in trade disputes.
Zoom out: With young entrepreneurs and investors tracking trade winds, CFNA's stance highlights how tariff battles could ripple through supply chains – from Chinese soy farms to American dinner tables. As both economic powers throw economic punches
, the world watches for what's next in this high-stakes trade chess match.
Reference(s):
cgtn.com