Washington plans new tariffs before Trump-Xi talks
The United States is studying the imposition of a new 7.5% tariff on Chinese goods amid accusations that Beijing has an excess in its industrial production capacity. This move comes ahead of the anticipated summit between U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, next month, aimed at applying pressure on China and sending military and trade messages. If implemented, the tariffs could be raised to around 20%, a level that Beijing considers consistent with previous understandings within the framework of the trade truce, as negotiations continue to extend it. The U.S. administration faces legal and internal challenges regarding the imposition of these tariffs, while the measures are raising potential tensions in the trade relations between the world's two largest economies.
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