Trump holds off overcapacity tariffs as US midterms near

Nikkei Asia · STELLA YIFAN XIE · 2026-10-30 08:02 UTC

Administration weighs voter concerns over prices against fragile China trade truce

NEW YORK -- U.S. officials have completed investigations required to impose new overcapacity tariffs on China, Japan and over a dozen other economies, a key step toward reviving President Donald Trump's protectionist agenda.

Administration weighs voter concerns over prices against fragile China trade truce

U.S. President Donald Trump, flanked by Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer, speaks to media at the White House, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs. © Reuters

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