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The administration of U.S. President Donald Trump intends to postpone the announcement of new tariffs related to excess manufacturing capacity in some countries, which are expected to be set at 7.5%. This postponement comes ahead of an upcoming summit with Chinese President Xi Jinping next week and aims to give space for trade negotiations between the United States and China. The report had originally planned to include additional tariffs, which would raise current duties on China to around 20%, a level that Beijing has agreed to. These measures are part of trade investigations that began in March 2024 to address unfair practices linked to excess production and forced labor.
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