Trump to impose 7.5% tariff on Chinese goods
The United States plans to impose a 7.5% tariff on Chinese goods before a scheduled summit between Chinese President Xi Jinping and US President Donald Trump next month, according to sources familiar with the matter. This move would restore Trump's second-term duties against China to around 20%, a level Beijing has previously deemed acceptable.
These duties build upon previous levies placed during Trump's first term and extended during the Biden administration. The tariff increase marks Trump's attempt to revive his protectionist trade agenda following the Supreme Court's ruling that overturned his previous import taxes on Chinese products and goods from numerous other countries.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
