US eyes China overcapacity tariffs of 7.5% before Xi-Trump talks, Bloomberg News reports
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Trump Planning to Impose 7.5% Overcapacity Tariffs on China
US President Donald Trump is planning to impose a 7.5% overcapacity tariff on China ahead of his meeting with the latter's head of state next month, Bloomberg reported Monday, citing sources... -August 24, 2026 at 12:09 pm EDT MarketScreener
US Eyes China Overcapacity Tariffs of 7.5% Before Xi-Trump Talks
The US is set to impose a 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity before a planned summit between Xi Jinping and Donald Trump next month, according to people familiar with the matter.
US eyes China overcapacity tariffs of 7.5% before Xi-Trump talks, Bloomberg News reports
U.S. is set to impose a 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity before a planned summit between Chinese President Xi Jinping and U.S. President Donald Trump next month, Bloomberg News reported on Monday citing people familiar with the matter.
The United States is considering imposing a 7.5 percent tariff on China, citing overcapacity in the country's manufacturing industry, sources told Bloomberg.
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