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US Said to Delay Excess Capacity Tariffs Until After Xi Summit
Source: Bloomberg
Tax & TariffsTrade Policy & Supply ChainGeopolitics & War
The US is expected to postpone announcing new tariffs tied to allegations that trading partners have excess manufacturing capacity until at least after next week’s summit between Presidents Donald Trump and Xi Jinping. The delay temporarily reduces the risk of an immediate trade-policy escalation, while leaving tariff uncertainty dependent on the outcome of US-China talks.
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