The Trump administration is considering a new 7.5% tariff on Chinese goods entering the U.S., according to an Aug. 24 report cited by Nikkei Chinese and attributed to Bloomberg. The move is described as a response to what Washington sees as Chinese overcapacity. If imposed, and combined with tariffs already in place, the total rate would reach 20%, returning to the level that existed before the U.S. Supreme Court in February ruled Trump-era tariffs invalid. The report also says the administration in July used Section 301 of the Trade Act to impose additional tariffs of 10% or 12.5% on China and 60 other countries and regions, citing insufficient action on forced labor issues. It added that Washington had also considered tariffs on 16 countries and regions, including China and Japan, over overcapacity concerns. U.S. officials say excess Chinese goods are eroding the American market, a claim China has rejected.
The Trump administration is considering an additional 7.5% tariff on Chinese goods exported to the United States, according to an Aug. 24 report cited by Nikkei Chinese and attributed to Bloomberg.
The report describes the proposed measure as a response to what Washington views as Chinese overcapacity. If the tariff is adopted and added to duties already imposed, the combined rate would reach 20%. That would bring the total back to the level in place before the U.S. Supreme Court ruled in February that Trump-era tariffs were invalid.
According to the report, the administration in July imposed additional tariffs of 10% or 12.5% under Section 301 of the Trade Act on China and 60 other countries and regions, saying they had failed to respond adequately to forced labor concerns.
It also said the U.S. had previously considered tariff increases on 16 countries and regions, including China and Japan, over overcapacity issues.
The U.S. side says excess Chinese products are eroding the American market. China has rejected that claim.
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