US weighs 7.5% China tariff ahead of Xi-Trump summit

Via whitehouse.gov

US weighs 7.5% China tariff ahead of Xi-Trump summit

The reported duty would push cumulative US tariffs on Chinese goods to roughly 20%, but Reuters said it could not independently verify the report.

The United States is preparing a 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity, Bloomberg News reported, citing people familiar with the matter.

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The proposed duty is expected before a planned September summit between President Donald Trump and Chinese President Xi Jinping. Reuters said it could not immediately verify the report.

The move would add another layer to an already tense trade relationship and could test whether Washington and Beijing can keep negotiations on track ahead of the leaders’ meeting.

Any tariff announcement will likely be watched for its timing, scope, and the possibility of retaliation. The report did not establish whether the measure has been finalized.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
US weighs 7.5% China tariff ahead of Xi-Trump summit
US weighs 7.5% China tariff ahead of Xi-Trump summit

The reported duty would push cumulative US tariffs on Chinese goods to roughly 20%, but Reuters said it could not independently verify the report.

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Via whitehouse.gov

The United States is preparing a 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity, Bloomberg News reported, citing people familiar with the matter.

Advertisement

The proposed duty is expected before a planned September summit between President Donald Trump and Chinese President Xi Jinping. Reuters said it could not immediately verify the report.

The move would add another layer to an already tense trade relationship and could test whether Washington and Beijing can keep negotiations on track ahead of the leaders’ meeting.

Any tariff announcement will likely be watched for its timing, scope, and the possibility of retaliation. The report did not establish whether the measure has been finalized.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.