The U.S. plans to impose an additional 7.5% tariff on Chinese goods before the upcoming summit between the leaders of China and the U.S., citing excess production capacity as the reason.

According to sources familiar with the matter cited by Bloomberg, the United States plans to impose an additional 7.5% tariff on Chinese goods before the upcoming summit between the U.S. and Chinese leaders next month, citing so-called "overcapacity" as justification.

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Original article: toutiao.com/article/1874479731137545/

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