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China agricultural stocks surge amid escalating trade war with US

Shares of Dabeinong Tech, a seed and animal feed producer, rose 6.45% by 0424 GMT on Tuesday and shares of Wens Foodstuff, one of the country's largest pig breeders, were up 5.1%. Stocks of other key agricultural firms Wellhope Foods and New Hope Liuhe rose by 6.3% and 2.45%, respectively. U.S. President Donald Trump's harsher-than-expected import levies, and China's response with tariffs of its own, has prompted a whirlwind of mixed tariff-related headlines that have whipped markets back and forth globally, wiping trillions of dollars in stock market value in just a few sessions.

Shares of Dabeinong Tech, a seed and animal feed producer, rose 6.45% by 0424 GMT on Tuesday and shares of Wens Foodstuff, one of the country's largest pig breeders, were up 5.1%.

Stocks of other key agricultural firms Wellhope Foods and New Hope Liuhe rose by 6.3% and 2.45%, respectively.

U.S. President Donald Trump's harsher-than-expected import levies, and China's response with tariffs of its own, has prompted a whirlwind of mixed tariff-related headlines that have whipped markets back and forth globally, wiping trillions of dollars in stock market value in just a few sessions.

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