Uploaded August 2026 | Updated September 2026, 2 weeks ago
The US is set to impose a 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity before a planned summit between Xi Jinping and Donald Trump. #trump #china #usa #news #tariffs
The move would restore Trump's second-term duties on China to around 20%, a level Beijing has previously said is consistent with its trade truce with Washington.
Exact rates have yet to be finalized, with one option under consideration being announcing a higher duty rate for China but suspending part of it to reduce the effective rate to 7.5%.
Read more: bloomberg.com/news/articles/2026-08-24/us-eyes-china-overcapacity-tariffs-of-7-5-before-xi-trump-talks
----------
Like this video? Subscribe youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
youtube.com/@business
youtube.com/@markets
youtube.com/@BloombergTechnology
youtube.com/@BloombergPodcasts
Connect with us on social:
instagram.com/bloombergbusiness
linkedin.com/company/bloomberg-news
tiktok.com/@bloombergbusiness
facebook.com/bloombergbusiness
The US is set to impose a 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity before a planned summit between Xi Jinping and Donald Trump. #trump #china #usa #news #tariffs
The move would restore Trump's second-term duties on China to around 20%, a level Beijing has previously said is consistent with its trade truce with Washington.
Exact rates have yet to be finalized, with one option under consideration being announcing a higher duty rate for China but suspending part of it to reduce the effective rate to 7.5%.
Read more: bloomberg.com/news/articles/2026-08-24/us-eyes-china-overcapacity-tariffs-of-7-5-before-xi-trump-talks
----------
Like this video? Subscribe youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
youtube.com/@business
youtube.com/@markets
youtube.com/@BloombergTechnology
youtube.com/@BloombergPodcasts
Connect with us on social:
instagram.com/bloombergbusiness
linkedin.com/company/bloomberg-news
tiktok.com/@bloombergbusiness
facebook.com/bloombergbusiness










