President Trump is set to impose a 7.5% tariff on Chinese goods, raising the total tariff on Chain to 20%, per Bloomberg. President Trump is reportedly imposing these tariffs over allegations of "excess manufacturing capacity" before a planned summit with China's President Xi on September 24th. These tariffs will come on top of others imposed during Trumpโs first term and extended by President Biden.
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1August 25, 2026 17K