US Mulling Imposing 7.5% Tariff on Chinese Goods Due to Overcapacity Concern - Reports

NAMPA / Sputnik
2026-08-24
WASHINGTON, August 24 (RIA Novosti) - The United States is considering imposing a 7.5% tariff on goods imported from China because of alleged excess production capacity, which would bring the total level to about 20%, Bloomberg reported on Monday, citing sources. However, the rates may be changed or suspended, the sources said, adding that the final decision should be made before September 24, when Chinese President Xi Jinping is expected to visi......
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