The dragon boat race began Thursday in the Chinese province of Fujian’s coastal city of Xiamen. The race features over 1,000 participants from 41 teams on both sides of the Taiwan Strait. The race is part of a two-day celebration of China’s Dragon Boat Festival, which falls on Friday this year.
The Dragon Boat Festival is a traditional Chinese holiday celebrated on the fifth day of the fifth lunar month, which corresponds to late May or early June in the Gregorian calendar.
China has imposed a 34% customs duty on all US goods in response to the same rate announced by US President Donald Trump. The move includes trade restrictions on rare earth exports critical to tech and defense industries and the suspension of chicken imports from two US firms.
China also blacklisted 11 American companies, including major defense and tech firms, banning them from trade with Chinese entities. Additionally, China filed a complaint at the World Trade Organization, calling the US tariffs a violation of global trade rules and an act of “unilateral bullying.”
TR