Trump readies a new tariff to punish China for its flood of cheap exports—without endangering his trade truce or his summit with Xi Jinping
- Posted on August 24, 2026
- By Fortune
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- 1 min read
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Trump readies a new tariff to punish China for its flood of cheap exports—without endangering his trade truce or his summit with Xi Jinping
Trump is considering setting the new tariff at 7.5%, which would come on top of tariffs of 10% to 12.5% announced last month.
