{
  "id": 3126062,
  "title": "Trump moves toward levying new tariff on China for flooding market with cheap goods, AP sources say",
  "url": "https://urgent.news/2026/08/24/trump-moves-toward-levying-new-tariff-on-china-for-flooding-market-3126062",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T22:23:02.000Z",
  "source": {
    "name": "Associated Press",
    "slug": "associated-press",
    "url": "https://apnews.com/article/trump-china-xi-tariffs-manufacturing-3228ac85fefbddee31cbb9481ec42a2a"
  },
  "original_language": "en",
  "account": "President Donald Trump is reportedly considering imposing a new tariff on China of 7.5% to address the country's practice of flooding global markets with cheap goods, according to sources familiar with his administration's deliberations. The proposed tariff would not disrupt the ongoing trade truce between the United States and China, nor would it jeopardize a planned White House meeting between Trump and Chinese President Xi Jinping scheduled for late September. The move aims to circumvent a recent Supreme Court ruling that invalidated Trump's previous plan for a high-tariff scheme, which hadn't been seen since the 1930s. In response to that decision, the Trump administration initiated formal investigations into China's excess industrial capacity and forced-labor regulations, among other issues. It remains unclear if the administration is also nearing a decision on its investigations of other nations, including the European Union and several Asian countries. The White House and the U.S. Trade Representative's office declined to comment on the tariff deliberations, which were initially reported by Bloomberg News. The Chinese embassy in Washington dismissed the idea, stating that economic and trade disputes should be resolved through bilateral negotiations and refuted the notion that China faces a problem with excess industrial capacity. The excess industrial capacity probe against China was launched under Section 301 of the Trade Act of 1974, which empowers the president to impose tariffs on countries discriminating against U.S. companies or commerce.",
  "summary": "WASHINGTON (AP) — President Donald Trump is moving toward levying a new tariff on China that would penalize the world’s second-largest economy for flooding the global market with underpriced goods, according to three…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Winnipeg Free Press",
        "title": "Trump moves toward levying new tariff on China for flooding market with cheap goods, AP sources say",
        "url": "https://urgent.news/2026/08/24/trump-moves-toward-levying-new-tariff-on-china-for-flooding-market",
        "published": "2026-08-24T21:53:59.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Trump readies a new tariff to punish China for its flood of cheap exports—without endangering his trade truce or his summit with Xi Jinping",
        "url": "https://urgent.news/2026/08/24/trump-readies-a-new-tariff-to-punish-china-for-its-flood-of-cheap",
        "published": "2026-08-24T22:23:19.000Z"
      },
      {
        "outlet": "The National Business",
        "title": "Iran war tests Trump's trade truce with China",
        "url": "https://urgent.news/2026/08/24/iran-war-tests-trumps-trade-truce-with-china",
        "published": "2026-08-24T23:05:21.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}