Published Aug 24, 2026, 11:29 AM ET · Updated 3 months ago · 2 sources

US Eyes China Overcapacity Tariffs of 7.5% Before Xi-Trump Talks

bloomberg
bloomberg
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Original Report

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.