US Weighs 7.5% Tariff on Chinese Goods Ahead of Xi-Trump Summit

Washington is reportedly preparing to levy a 7.5% tariff on imports from China, citing concerns over excess manufacturing capacity in key industries. The move, which has not been officially confirmed, is said to be timed ahead of a planned meeting between Chinese President Xi Jinping and US President Donald Trump next month.

According to sources familiar with the matter, the tariff would target Chinese goods as part of an ongoing dispute over state-supported overproduction, which Washington argues distorts global markets. The exact scope of products affected has not been disclosed.

The reported development comes amid heightened trade tensions between the world's two largest economies. The planned summit between Xi and Trump is expected to address a range of bilateral issues, with trade policy likely to be a central topic.

Neither government has issued an official statement on the reported tariff. The information remains unverified, and the final decision could still change before any formal announcement.