US eyes China overcapacity tariffs of 7.5% before Xi-Trump talks

SPY•2026-08-24

Verification note

Reuters could not immediately verify the report.

Reuters report on proposed tariffs

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.

US eyes China overcapacity tariffs of 7.5% before Xi-Trump talks

Verification note

Reuters report on proposed tariffs

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