Retaliatory tariffs imposed by China on U.S. farm products took effect Monday. The Chinese tariffs are a 15% levy on American products such as corn, wheat and chicken, and 10% on fruit, soybeans, beef and pork.

Canada and Mexico have held talks with the Trump administration to stave off tariffs, but China has embarked on a tit-for-tat approach. That could soon change.

The Chinese government announced the tariffs last week, shortly after President Trump raised tariffs on Chinese products for the second time since he took office in January. The Chinese tariffs will include a levy of 15 percent on U.S. products like chicken, wheat and corn, as well as 10 percent on products like soybeans, pork, beef and fruit.