US plans 7.5% tariffs on China overcapacity before summit

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TheStraitsTimes Singapore 1h

US plans 7.5% tariffs on China overcapacity before summit

WASHINGTON – The US is set to impose a 7.5 per cent tariff on Chinese goods over allegations of excess manufacturing capacity before a planned summit between presidents Xi Jinping and Donald Trump in September, according to sources familiar with the matter. The move would restore Trump’s second-ter»»»

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