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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.
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.
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